Share this article
BTC
$79,517.85
+
5.88%ETH
$1,577.42
+
8.11%USDT
$0.9997
+
0.07%XRP
$1.8668
+
10.67%BNB
$558.49
+
5.44%USDC
$1.0000
+
0.01%SOL
$108.88
+
11.77%DOGE
$0.1494
+
12.60%TRX
$0.2329
+
4.61%ADA
$0.5842
+
11.89%LEO
$8.9726
+
1.21%TON
$3.1206
+
8.80%LINK
$11.62
+
11.78%AVAX
$17.14
+
15.11%XLM
$0.2289
+
11.28%HBAR
$0.1580
+
22.53%SHIB
$0.0₄1132
+
7.68%SUI
$2.0233
+
15.80%OM
$6.3073
+
4.78%BCH
$276.70
+
9.47%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Crypto Fund Manager One River Digital Raises $41M From Goldman, Coinbase
The Series A funding round valued One River Digital at $186 million.
Crypto fund manager One River Digital Asset Management raised $41 million in a Series A funding round that included Coinbase and Goldman Sachs, according to a Bloomberg report.
- The round valued River Digital at $186 million. Liberty Mutual Group Inc., Infinity Investment Partners and a European family office also participated.
- One River manages assets for mostly institutional investors such as pension funds, endowments and sovereign wealth funds. The fund is backed by macro fund manager Alan Howard.
- The firm has two main funds, including one that invests in bitcoin and another that holds ether, and it recently opened a third fund that Howard has used to invest in solana, according to Bloomberg.
- In March, former U.S. Securities and Exchange Commission Chairman Jay Clayton joined One River’s advisory council along with economist Jon Orszag and former White House adviser Kevin Hassett.
- Coinbase declined to comment. Goldman and One River didn’t immediately return requests for comment.
