Asset Management

Bitcoin losing trillions in value hasn't stopped traditional giants' interest in digital assets sector
At the iConnections conference in Miami this week, allocators signaled digital assets are now a core sleeve in alternatives.

Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal
Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.

Aviva Investors to tokenize funds on XRP Ledger in Ripple partnership
The U.K. asset manager teamed up with Ripple to bring traditional fund structures onchain in its first tokenization push.

AI is no savior when markets get tough … but it can help, says Nickel Digital chief
Sometimes human intervention and an “old school” approach is needed, said Anatoly Crachilov, founding partner and CEO of Nickel Digital Asset Management.

Brazil’s Largest Asset Manager Recommends Investors Put Up to 3% of their Money in Bitcoin to Hedge Against FX, Market Shocks
The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency.

Strive Raises $160 Million in Bitcoin Buying Power After Upsized Preferred Stock Offering
Upsized 2 million-share SATA issuance priced at $80 includes a 12% dividend and potential bitcoin allocation.

Tokenization Is Finance’s Next ETF Moment, And Wall Street Isn’t Ready
Tokenization of real world assets (RWA) on blockchain rails is not a futuristic thought experiment, argues Nick Cherney, head of innovation at Janus Henderson Investors. It is happening right now.

Crypto Trading Firm Keyrock Buys Luxembourg's Turing Capital in Asset Management Push
With the acquisition, Keyrock aims to expand services beyond market making into on-chain portfolio management.

Grayscale ETF Head David LaValle to Exit as Firm Eyes IPO: Report
LaValle joined Grayscale in 2021 to address investor dissatisfaction with the Bitcoin Trust’s discount and worked on its conversion to a spot bitcoin ETF.

CoinShares Head of Asset Management Frank Spiteri Has Left the Company: Sources
Spiteri worked for the crypto asset manager in London for over five years.

