RIT Capital Partners, founded by Jacob Rothschild, spearheads a round of funding for crypto asset management services Aspen Digital.
RIT Capital Partners (formerly Rothschild Investment Trust) has invested in Aspen Digital, a digital asset management platform.
The platform brings together service providers that enable financial institutions and asset managers to invest in cryptocurrency.
In total, Aspen Digital raised $ 8.8 million. The largest investors of the platform, in addition to RIT Capital Partners, were Liberty City Ventures, Cherubic Ventures, Token Bay Capital, Somerley Capital and Chatchaval Jiaravanon & Chaval Jiaravanon.
In April 2021, RIT Capital Partners acquired a stake in the Kraken cryptocurrency exchange.
This became known from a note sent to investors. The size of the share and the amount invested by the fund are not mentioned in the document.
RIT Capital Partners is a British investment fund founded by Lord Jacob Rothschild in 1961. Its market capitalization is $ 4.1 billion.
Read More … Coinbase and Gemini have invested in Onramp Invest crypto platform
JPMorgan Launches Its Own Bitcoin Fund for Wealthy Clients
