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Image Credit: Intelalley

Bitwise AM Completes $70m Equity Raise

  • Bitwise Asset Management, a crypto-specialist asset manager, has completed a $70 million equity raise.
  • The investment round was led by Electric Capital and included prominent investors such as MassMutual and Khosla Ventures.
  • Bitwise experienced significant growth in 2024, with client assets increasing over 10x to exceed $12 billion.
  • The funds raised will be utilized to strengthen the firm's balance sheet and expand investment capabilities and investor solutions.

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