Coinbase acquires digital asset manager One River Digital
Coinbase has stepped up its efforts to expand its services to cater for institutional clients by acquiring One River Digital Asset Management. One River Digital Asset Management, an institutional-grade digital asset manager, has just been acquired by cryptocurrency exchange giant Coinbase (COIN). Observation from Coinbase: “Coinbase and ORDAM share an ethos grounded in prudent risk […]
One River Digital raises $41M in a recent Serie A funding
One River Digital, a cryptocurrency-focused hedge fund with exposure to Bitcoin (BTC) and Ether (ETH), has closed its first investment round. The funds will be used to scale its crypto-focused institutional investment efforts. Sebastian Bea, president of One River Digital, said on Wednesday that the company has raised $41 million in a Series A funding […]