The asset manager focused on Bitwise cryptocurrencies has completed a capital increase of $ 70 million led by the capital’s risk firm capital.
The increase also included the participation of Massmutual, Highland Capital, Mit Investment Management Company, Haun Ventures and Parafi Capital, Bitwise announced on Tuesday.
The firm plans to use the income of the increase to reinforce its balance sheet, expand its investment capacities and services and increase its account in its offices in San Francisco, New York and London.
Bitwise is the issuer of one of the 12 funds quoted in the BTC BTC stock market that appear in the US, which opened the door to the previously invisible institutional investment door in Bitcoin.
Since then, he has listed an ETF Spot Ether and last month put the wheels in motion to list a product that offers weighted exposure to BTC and ETH.
