Digital Asset Manager Arca Raises $10M
Make preferred on
Make preferred on Share this article
Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures.
- In an announcement, the company said it will use the funding to continue to prioritize creating the infrastructure and navigate the legal and regulatory footing needed to offer better products.
- Funding was led by RRE Ventures with Alex Tisch, the president of Loews Hotels & Co, and a group of financiers led by Littlebanc Advisors also participating.
- Going forward, James Robinson, founder of RRE Ventures will join Arca’s advisory board and will contribute to Arca’s product development and distribution efforts.
Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
Why it matters:
Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
