Goldman, Coinbase Back Crypto Fund Manager One River Digital

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Goldman, Coinbase Back Crypto Fund Manager One River Digital

Bloomberg2021-09-22

(Bloomberg) --One River Digital Asset Management, a startup cryptocurrency-fund manager backed by Alan Howard, raised $41 million from new investors including Goldman Sachs Group Inc. and Coinbase ...

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hellodarz888
·2021-09-22
Exciting times
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LongZR
·2021-09-22
Nice
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- LongZR:
  nice
  2021-09-22
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- TK63:
  nice
  2021-09-22
  Reply
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DansonYong
·2021-09-22
Ok
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- WKB:
  Good for crypto
  2021-09-22
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Liberty Mutual Group Inc., the insurer, and Infinity Investment Partners, a European family office, also participated. Howard, the co-founder of Breven Howard Asset Management, provided seed funding for One River Digital last year.\n“What’s clear is that asset management is going to make the transition to the tokenized world,” Eric Peters, One River Digital’s founder and chief executive officer, said in an interview. “And in that world, the opportunity is so much bigger. The question was: How do we capitalize on that?”\nToday, One River Digital manages two main funds, one that holds Bitcoin and another that holds Ethereum. Peters recently opened a third fund with a wider mandate and used it to invest in Solana, a decentralized computing platform with its own token. 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