Share this article
Crypto Fund Manager One River Digital Raises $41M From Goldman, Coinbase
The Series A funding round valued One River Digital at $186 million.
Updated May 11, 2023, 4:13 p.m. Published Sep 21, 2021, 5:19 p.m.
Crypto fund manager One River Digital Asset Management raised $41 million in a Series A funding round that included Coinbase and Goldman Sachs, according to a Bloomberg report.
- The round valued River Digital at $186 million. Liberty Mutual Group Inc., Infinity Investment Partners and a European family office also participated.
- One River manages assets for mostly institutional investors such as pension funds, endowments and sovereign wealth funds. The fund is backed by macro fund manager Alan Howard.
- The firm has two main funds, including one that invests in bitcoin and another that holds ether, and it recently opened a third fund that Howard has used to invest in solana, according to Bloomberg.
- In March, former U.S. Securities and Exchange Commission Chairman Jay Clayton joined One River’s advisory council along with economist Jon Orszag and former White House adviser Kevin Hassett.
- Coinbase declined to comment. Goldman and One River didn’t immediately return requests for comment.
Больше для вас
Что нужно знать:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Foundation behind restaking protocol EigenLayer plans bigger rewards for active users
An Incentives Committee would direct programmatic token emissions, focusing allocations on participants that secure AVSs and contribute to the EigenCloud ecosystem.
What to know:
- The Eigen Foundation has unveiled a governance proposal aimed at ushering in new incentives for its EIGEN token, shifting the protocol’s reward strategy to prioritize productive network activity and fee generation.
- Under the plan, a newly formed Incentives Committee would manage token emissions, prioritizing participants who secure Actively Validated Services and expand the EigenCloud ecosystem.
- The proposal includes a fee model that channels revenue from AVS rewards and EigenCloud services back to EIGEN holders, potentially creating deflationary pressure as the ecosystem grows.
Top Stories
