stable coins

Story: Bitwise Raises $134M to Blend Crypto Into Traditional Finance

By James Thorp

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What Bitwise Plans to Build. The firm wants to create solutions that appeal to crypto natives and to investors who've never…

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The Bigger Shift Behind the Raise. There's a broader industry movement happening, and Bitwise isn't alone in chasing it.

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Bitwise Asset Management just pulled in $134 million. That's a big number, and the firm isn't being quiet about what it means — the capital is going straight toward products that…

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The fundraising attracted serious attention from institutional investors, which says a lot about where the money is flowing right now.

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The firm wants to create solutions that appeal to crypto natives and to investors who've never touched a wallet in their lives. That's a hard needle to thread.

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The regulatory picture matters a lot here. Bitwise is clearly watching how rules around digital asset products continue to shift, and the firm says it's focused on navigating…

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The broader context is worth sitting with for a second. Institutional interest in digital assets has climbed steadily over the past few years.

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There's a broader industry movement happening, and Bitwise isn't alone in chasing it. Plenty of firms are trying to figure out how to sit in the middle of these two worlds.

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See also: XRP Stuck Below $1.25 as Analyst Eyes $1.51 Breakout Test

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The distinction between "crypto company" and "asset manager" is getting murky. Firms that started as pure crypto shops are hiring compliance officers with TradFi backgrounds.

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Bitwise's approach seems to be: don't wait for the merger to happen on its own. Build it. Use the capital to develop fund structures that work inside the existing financial…

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It's worth noting that the source didn't specify which institutional investors participated in the raise, or whether there's a lead investor. No details on valuation either.

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What's clear is the direction. Crypto isn't a sideshow anymore for serious asset managers — it's a line item.

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Related: SpaceX IPO Sends $1.4 Billion Flooding Into Hyperliquids SPCX Contract

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Stablecoin adoption, tokenized real-world assets, Bitcoin held in pension fund allocations — these aren't fringe conversations anymore. They're happening in boardrooms.

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