Share this article

Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

The institutional bitcoin manager expands its mandate as demand for professional risk-managed digital asset strategies grows.

Jan 16, 2026, 10:00 a.m.
offering money dollars
(Oleksandrum/Shutterstock modified by CoinDesk)

What to know:

  • Digital Wealth Partners chose Two Prime to manage about $250 million in bitcoin through a separately managed account structure.
  • The expanded relationship reflects rising institutional demand for low volatility, bitcoin denominated returns with an emphasis on transparent risk management.

Digital Wealth Partners, an investment adviser specializing in digital assets, chose Two Prime to manage about $250 million in bitcoin on behalf of its clients in a sign of growing institutional confidence in specialized crypto managers

Two Prime provides institutional investors with bitcoin focused financial services. It works with a range of clients including family offices, corporate treasuries and miners, combining quantitative investment approaches with bitcoin-specific risk management. Its lending arm is among the largest bitcoin secured lenders globally.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The partnership reflects growing confidence in specialized bitcoin managers and highlights the maturation of digital asset investment frameworks as adoption broadens. Executives at the U.S.-based firms said investors are increasingly seeking not just bitcoin exposure, but professional strategies that integrate risk management, yield generation and operational transparency at the same standard as traditional asset classes.

The mandate expands an existing relationship between the two firms and will be delivered through a separately managed account structure designed to generate low volatility, bitcoin-denominated returns.

More For You

Struggling Coinbase gets price target cut from JPMorgan ahead of Thursday earnings

Coinbase CEO, Brian Armstrong, at Consensus 2019 (CoinDesk)

Shares of COIN are down nearly 30% this year, with analysts warning that softer trading and crypto prices are likely to weigh on revenue.

What to know:

  • JPMorgan cut its December 2026 price target on Coinbase to $290 from $399 ahead of fourth-quarter earnings, citing weaker crypto trading volumes, softer prices and slower USDC growth.
  • The bank still rates Coinbase Overweight, but projects a sharp sequential drop in earnings and EBITDA, even after factoring in a full quarter of revenue from the Deribit derivatives acquisition.
  • Other firms, including Barclays and Compass Point, are more cautious or bearish, warning that retail trading, blockchain rewards and subscription and services revenue may miss expectations and remain closely tied to overall crypto prices.