Ace Digital AS has acquired 100% of Ace Funds AS, a dormant compliant Alternative Investment Fund (AIF) and Fund Manager (AIFM) in Oslo. The plan is to launch a NOK 5 million Bitcoin Treasury Company Fund for professional investors by year-end 2025.
"This acquisition is a strategic milestone for our shareholders, reinforcing our commitment to building value in the Bitcoin ecosystem," said Alexander Hagen, CEO of Ace Digital AS.
The acquisition of AIF, and AIFM, effective immediately, provides Ace Digital with full control of the fund management structure, further strengthening the company's Bitcoin-focused strategy without impacting liquidity.
Ace Digital plans to launch a NOK 5 million Bitcoin Treasury Company Fund for professional investors by year-end 2025, focusing on long/short Bitcoin strategies with robust risk management. The fund will rely on reverse solicitation and comply with AIFMD regulations.
Ace Digital is closely monitoring regulatory changes, including proposed 2026 AIFMD updates, and will maintain dialogue with Finanstilsynet to ensure compliance. Alternatively, Ace Funds AS may be reactivated as a subsidiary to house Ace Digital's Bitcoin treasury or operate without AIF/AIFM licenses. The company is exploring MiFID and MiCA licenses to expand capabilities and may develop additional Bitcoin-related funds. Updates on fund decisions and restructuring are expected by early 2026.
