Bitwise acquires Ethereum staking service Attestant, boosting AUM to $10 billion

Bitwise Acquisition of Attestant: Overview On November 14, 2024, Bitwise Asset Management announced its acquisition of Attestant, a prominent Ethereum staking service. This strategic move enhances Bitwise's positioning within the growing Ethereum ecosystem, effectively raising its assets under management (AUM) to $10 billion. Impact on Bitwise’s AUM Total AUM: The acquisition boosts Bitwise's AUM to approximately $10 billion. Staked Assets: Attestant contributes $4 billion in staked assets, significantly strengthening Bitwise's staking portfolio. Service Expansion: This acquisition allows Bitwise to cater more effectively to high-net-worth individuals and institutional clients, adding Ethereum staking to its service offerings, which include exchange-traded funds and hedge fund solutions. The acquisition reflects Bitwise's commitment to expanding its presence in the cryptocurrency sector and addressing the increasing demand for digital asset solutions among institutional clients. Show Less

https://cryptoslate.com/bitwise-acquires-ethereum-staking-service-attestant-boosting-aum-to-10-billion/
 3

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. crowd.news does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. crowd.news is not liable for any actions taken, financial or otherwise, based on information or links from this website.