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FRNT Financial Provides Update on Treasury Holdings with Positive Trading Performance
FRNT Financial Provides Update on Treasury Holdings with Positive Trading Performance ...
About this update from Frnt Financial, Inc.
[{"type":"text","content":"\n \n \n \n FRNT Financial Provides Update on Treasury Holdings with Positive Trading Performance\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n \n \n \n \n ./\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n July 28, 2022\n \n \n /CNW/ - FRNT Financial Inc. (TSXV: FRNT) (OTCQB: FRFLF) (FSE: XZ3) (\"FRNT\" or the \"Company\"); an institutional capital markets and advisory platform focused on digital assets, provides an update on the Company's treasury holdings. The Company is pleased to announce a positive investment month in June, adding to already positive performance for 2022.\n \n \n Stéphane Ouellette, CEO & Co-Founder of FRNT Financial said: \"For the majority of 2022, crypto has turned into a minefield of counterparty risk with few managing to escape unscathed. FRNT's arbitrage-focused investments have been able to side-step these collapses to date via both qualitative and quantitative risk management techniques. From a qualitative standpoint, FRNT and its investment partners had been vocal on the myriad of risks the nascent Decentralized Financial Application ecosystem held for investors (security, regulatory and structural) and neither FRNT nor its investment partners have interacted with those platforms materially. Our investment thesis attempts to avoid chasing returns with likely hidden risks and favors strategies to preserve capital through uncertain periods for deployment when genuine opportunities present themselves. From a quantitative perspective, FRNT and its partners require significant disclosures and proprietary operational review before engaging with a third party. While we remain cautious of the difficult crypto environment, we believe the recent market stress tests have validated these methods thus far.\"\n \n \n \n About FRNT Financial Inc.\n \n \n \n FRNT Financial is an institutional capital markets and advisory platform focused on digital assets. FRNT, ...