‘You Cannot Have a Regulated Entity Trading in Unregulated [Crypto] Products,’ Says Investment Officer, Faida Bank Kenya The Oak Fund, managed by Faida Investment Bank, is a smaller player than the top 10 schemes overall. Faida Unit Trust Funds reported approximately KES 19.42 billion in assets in June 2026, placing it around 15th among schemes in Kenya. When asked why the fund is not investing in cryptocurrencies on behalf of its over 9,500 clients, Kahangara, who is tasked with where funds are are deployed to make a return for clients, said: “We are at the tail end of regulations by the Capital Markets Authority of Kenya in terms of adopting virtual assets. Remember, we are a regulated entity. You cannot have a regulated entity trading in unregulated products. That is black and white in terms of the directives we have been given by the Capital Markets Authority.” Details: https://t.co/btaE8Q9Dao @FIB_Kenya #OakFund #InvestmentSchemesKE #CryptoKE #CryptoKenya #CryptoRegulationKE #CryptoRegulationKenya