Bitwise's Strategic Expansion: ETC Group Joins Forces for a European Venture
In a noteworthy development in the cryptocurrency sector, Bitwise Asset Management has made a strategic move by acquiring ETC Group, a prominent digital assets company based in London This purchase signifies Bitwise's initial foray into the European market and elevates its total assets under management to a substantial figure of over $4 5 billion The intricacies of the acquisition, while undisclosed, underline the burgeoning expansion and consolidation within the global digital asset space Expanding into the European Market Founded in 2019, ETC Group has carved a niche for itself by offering an array of crypto products in Europe, including Exchange-Traded Products (ETPs) backed by significant cryptocurrencies such as bitcoin, ethereum with staking options, Solana, and XRP...
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