CPI has acquired Trism Holdings Ltd. for an undisclosed amount, marking a significant move in the digital asset sector. The acquisition sees CPI take ownership of Trism, which operates the Trism token and Trism fund. Trism tokens represent a virtual share of a centralized fund comprising Ethereum, Bitcoin, and Dai stable currency, held in interest-accumulating deposit accounts. These ERC20 tokens are freely tradeable on DEX exchanges and redeemable at par fund value via a trustless smart contract provided by swaps.exchange, with all token holders and supply visible on the Ethereum blockchain.
Trism’s fund assets are securely held and accrue 5% interest in their respective coin or token by quantity. The fund is adjusted monthly to maintain equal weighting of assets valued in US Dollars, with interest gains recorded separately. Trism tokens are designed to provide individuals with access to a stable fund, transparent growth opportunities, and the ability to freely trade and privately store asset value. Initially traded on southxchange.com, Trism also offers a monthly swap for Ethereum at par fund value via smart contracts experts swaps.network.
This acquisition is strategic for CPI, allowing it to integrate Trism’s transparent and interest-bearing digital asset fund model. The move is expected to leverage Trism’s established smart contract infrastructure and its approach to providing managed exposure to major cryptocurrencies. CPI gains Trism’s technology for managing diversified crypto portfolios and its mechanism for transparently tracking fund value and interest accrual.
The integration of Trism under CPI’s ownership is anticipated to enhance the reach and stability of the Trism fund. The combined entity aims to continue developing Trism’s offerings, potentially expanding its accessibility and further solidifying its position as a transparent option for individuals seeking managed digital asset exposure.