BlockTower Asset Manager generates a $ 150 million investment fund

Cryptocurrency asset management company BlockTower is launching a committed investment arm and a new $ 150 million fund. BlockTower Asset Manager generates a $...

BlockTower Asset Manager creates a $ 150 million investment fund

Cryptocurrency asset management company BlockTower is launching a committed investment arm and a new $ 150 million fund.

BlockTower Asset Manager creates a 150 million investment fund
BlockTower Asset Manager generates a $ 150 million investment fund

Cryptocurrency asset management company BlockTower has launched a venture capital arm and a new $ 150 million fund to help decentralized finance tasks (DeFi) and encourage the blockchain infrastructure.

The fund has been in hiding considering the fact that December, BPI France and MassMutual have been with BlockTower considering the fact that the early days. The new investment arm is led by Thomas Klocanas, head of White Star Capital’s $ 50 million fund.

BlockTower is a major cryptocurrency investment company, staying a Registered Investment Advisor (RIA), which provides the firm a lot more versatility, specially when it comes to investing, to invest in liquid and illiquid tokens. BlockTower a short while ago invested in Aptos, Lighthouse Labs and the Maple Finance institutional money network.

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