Cointelegraph Consulting’s 2021 score of the highest 5 United States-based regulated crypto asset control companies highlights that Bitcoin’s explosive expansion in worth has catapulted many digital asset managers previous the half-billion-dollar mark.
As an increasing number of buyers are turning to the digital asset marketplace, those corporations are on the right track to changing into essential gamers within the U.S. monetary trade.
Grayscale is one of the largest and well known companies within the crypto global, which used to be based in 2013 by means of its mother or father group — Digital Currency Group. Grayscale now has a complete of greater than $40 billion in assets under management, which consist of investments in Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Zcash (ZEC), Stellar (XLM), Horizen (ZEN) and extra. The fund provides quite a lot of merchandise to its shoppers, each single-asset merchandise and different baskets.
Pantera Capital Management
Pantera Capital used to be based in 2003 by means of Dan Morehead and is headquartered in California. Pantera is occupied with a variety of belongings hooked up with the digital financial system — non-public fairness, tokens and extra. Pantera’s $4 billion in AUM is sent amongst 4 major finances: liquid token fund, early-stage token fund, Bitcoin fund and challenge fund.
Bitwise Asset Management
Bitwise used to be based in 2017 by means of a crew of instrument professionals mixed with skilled asset managers and is situated in San Francisco. This corporate has greater than $1 billion in AUM, which is focused in numerous finances: 10 crypto index fund, decentralized finance crypto index fund, Bitcoin fund, and Ethereum fund, amongst others.
This company has a number of places of work the world over together with London, Hong Kong and Amsterdam with its headquarters in New York. Galaxy Digital focuses basically on BTC and ETH, even if it additionally has a various crypto index fund. In general, Galaxy Digital’s AUM is greater than $800 million. The CEO of Galaxy Digital, Mike Novogratz, is an ordinary commentator on conventional TV information networks akin to Bloomberg. He just lately claimed he believes that nonfungible tokens will keep “for the rest of our lives.” They also are identified to be fascinated about mining proof-of-work-based digital belongings and launching a regulated funding automobile for retail buyers.
Located in California, Wave Financial provides a number of funding answers akin to finances: Select 5 Index fund, a BTC Income & Growth Digital Fund, Tokenized Real Asset fund (tokenized Kentucky Whiskey Barrels), Active Hybrid VC fund. Additionally, the fund provides wealth control answers for crypto treasury and wealth control, along protocol treasury and stock control. According to knowledge shared by means of Wave Financial, the fund has $500 million in belongings beneath control.
The Cointelegraph Consulting’s 2021 score of the largest U.S.-based and regulated digital asset managers handiest contains asset managers which can be devoted to cryptocurrency and blockchain. Traditional asset managers that experience a small allocation to digital belongings weren’t incorporated.
This listing additionally does no longer come with crypto-focused asset managers which can be handiest invested in challenge capital and personal fairness. Cointelegraph Consulting ready the listing, nevertheless it’s for buyers to come to a decision which of the finances are maximum in step with their pursuits.
This article used to be ready by means of Cointelegraph Consulting, and the consequences of the score are in accordance with publicly introduced AUMs and knowledge received by means of emailing a number of digital asset managers. Cointelegraph Consulting isn’t an funding corporate, funding marketing consultant or dealer/broker.
This newsletter is for info functions handiest and represents neither funding recommendation nor an funding research or a call for participation to shop for or promote monetary tools. Specifically, the file does no longer function an alternative to person funding or different recommendation.
Disclaimer: Wave Financial is a featured fund from one of Cointelegraph Consulting’s sponsors, and its inclusion didn’t have an effect on this score.