Bitwise, as the largest U.S. crypto index fund manager, continues to grow beyond ETFs, expanding into DeFi following its $70 million funding round and reinforcing its push to move asset management on-chain with transparent, innovative opportunities
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Bitwise is a big believer in the future of asset management moving on-chain, Powell said, where products are transparent and firms can find opportunities that don’t exist in traditional finance
Last month, Bitwise raised $70 million from a host of investors including Electric Capital, MassMutual and Haun Ventures, according to a social media post
Bitwise launched in 2017, and is the largest crypto index fund manager in the United States, operating publicly traded BTC and ETH ETFs
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