Big news in the world of cryptocurrency! A company called Bitwise, which helps people manage their cryptocurrency investments, just got a huge boost. They raised $70 million – that's a lot of money! This will help them grow their team and improve their services.
- Bitwise manages different cryptocurrencies for investors, kind of like a bank for digital money.
- They saw a massive 10X increase in the money they manage last year, now overseeing over $12 billion!
- They're working on ways to invest in Bitcoin, Ethereum, and other exciting cryptos.
- More and more companies are investing in crypto, showing that it’s becoming more accepted.
| Fact | Number |
|---|---|
| Money raised by Bitwise | $70 million |
| Growth in client assets | 10X |
| Client assets under management | Over $12 billion |
Experts think the crypto investment business will keep growing quickly in the years to come.
