Portuguese fund manager Fundbox has partnered with European cryptocurrency investment platform Kvarn X to launch the Kvarn Portugal fund, which allocates 80% of its assets to bitcoin and 20% to the CoinDesk 20 index. The minimum investment in the fund is 100,000 euros, with a management fee of 0.05% and a subscription fee of 2.5%. Investors who wish to obtain residency through the Portugal Golden Visa Program need to invest at least 500,000 euros and live in Portugal for at least 35 days within 5 years. The subscription period of the fund will last until February 2027.