SAN FRANCISCO, CA, Bitwise Asset Management, a premier crypto-specialist asset manager with over $12 billion in client assets, today announced the completion of a $70 million equity raise.
The round was led by Electric Capital, with participation from MassMutual, Highland Capital, MIT Investment Management Company, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors, and Nikesh Arora, among others.
Bitwise is one of the largest and fastest-growing crypto asset managers. The firm is known for managing the world's largest crypto index fund and pioneering products spanning Bitcoin, Ethereum, DeFi, and crypto-focused equity indexes. Bitwise partners with financial advisors and investment professionals to provide quality education and research.
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