As volatility continues in the cryptocurrency markets, investments continue to grow in the background.
According to a Bloomberg report, crypto fund management company One River Digital Assest Management has raised $ 41 million from investors, including the largest US crypto exchange Coinbase and banking giant Goldman Sachs.
Two leading companies have acquired minority stakes worth $ 186 million in One River Digital as part of a Series A funding round.
While there was a collapse in all areas due to the pandemic, One River made great strides thanks to its strategy.
Eric Peters, founder and CEO of One River Digital, said in a statement: “What is clear is that asset management will make the transition to the tokenized world. In this world, the opportunity is much greater. The question is, how do we take advantage of it? ” said.
One River Digital currently has two main funds focused on Bitcoin and Ethereum. CEO Peters recently announced that they have created the third fund to serve a wider audience.
The company has reserved the third fund to invest in Solana (SOL).
Since its founding, One River Digital has raised $ 1.25 billion in cash and returned the money to investors.