February 26, 2025
Crypto Asset Manager Bitwise Bolster Balance Sheet With $ 70m Equity Raise thumbnail
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Crypto Asset Manager Bitwise Bolster Balance Sheet With $ 70m Equity Raise

The Raise Was Led by Electric Capital and Included Participation from Massmutual, Highland Capital, Haun Ventures and Parafi Capital”, – WRITE: www.coindesk.com

The Raise Was Led by Electric Capital and Included Participation from Massmutual, Highland Capital, Haun Ventures and Parafi Capital Feb 25, 2025, 4:08 PM UTC

Cryptocurrency-Focused Asset Manager BitWise Has Completed A $ 70 Million Equity Raise Led by Crypto Venture Firm Electric Capital.

The Raise Also Included Participation from Massmutual, Highland Capital, Mit Investment Management Company, Haun Ventures and Parafi Capital, BitWise AnnunCun on Tuesday.

The FIRM Plans to Use Proceeds from the Raise to Bolster Its Balance Sheet, Expand It Investment Capabilities and Service and Service and Grow Itadcount Across ITS.

Bitwise is the Issuer of One of the 12 SPOT BTC Exchange-Traded Funds Listed in the Us, Who Oped The Door to Previoously Unseen Institutional Investment in Bitcoin.

It has since listed a Spot ether etf and Last Month Set The Wheels in Motion to List A Product Offering Weightd Exposure to Both BTC and ETH.

Jamie crawleyJamie Joined Coindesk As A News Reporter In February 2021 After Writing Widly About Crypto and Blockchain for Two Years in Other Roles. Away from Crypto, Jamie Runs A Lot and Loves All Things Sport. He Holds Small Amounts of BTC, ETH, ADA AND LTC.

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Jamie crawley

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