Cointelegraph Consulting’s 2021 ranking of the top five regulated digital currencies in the United States highlights that the massive surge in Bitcoin prices has pushed many digital asset managers over half a billion dollars.
As more and more investors turn to the digital asset market, these companies have become an important player in the US financial industry.
Investments in grayscale
One of the largest and most well-known companies in the world of cryptocurrencies, Grayscale was founded in 2013 by its parent organization, the Digital Currency Group. Grayscale currently has over $ 40 billion in total assets, which consists of investments in Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Zcash (ZEC), Stellar (XLM) and Horizen ( ZEN) and others. The fund offers its clients many products, both with different assets and with different curves.
Panther Capital Management
Pantera Capital was founded in 2003 by Dan Moorhead and is headquartered in California. Pantera focuses on a wide range of digital economy assets – private equity, tokens, and more. The $ 4 billion AUM Pantera is divided into four main funds: Liquidity Funds, Early Token Funds, Bitcoin Funds, and Enterprise Funds.
Bitwise asset management
Bitwise was founded in 2017 by a team of software experts along with experienced asset managers and is headquartered in San Francisco. This company has more than $ 1 billion in Asset Managed (AUM) funds, which are concentrated in several funds, including 10 crypto index funds, decentralized index funds, Bitcoin funds and Ethereum funds.
This company has offices around the world, including London, Hong Kong, and Amsterdam, with its headquarters in New York. Galaxy Digital has a primary focus on BTC and ETH, although it also has a diversified cryptocurrency index fund. In total, AUM Galaxy Digital is valued at over $ 800 million. Galaxy Digital CEO Mike Novogratz is a regular commentator on traditional TV news networks such as Bloomberg. He recently stated that he believes that non-exchangeable tokens will remain “for the rest of their lives.” They are also known for their participation in working digital asset mining and launching a structured investment fund for private investors.
Wave Financial is headquartered in California and offers several investment solutions such as funds: Select 5 Index Funds, BTC Income & Growth Digital Fund, Tokenized Real Asset Fund (coded by Kentucky Whiskey Barrels) and VC Active Hybrid Funds. In addition, the fund offers asset management solutions for cryptocurrencies and asset management, as well as cash and inventory management protocols. According to Wave Financial, the fund has total assets of $ 500 million.
Cointelegraph Consulting’s 2021 ranking of the largest organized digital asset managers in the United States includes only cryptocurrency and blockchain asset managers. Traditional asset managers who have small credits for digital assets aren’t included.
This list also excludes asset managers who focus on cryptocurrency and who only invest in venture capital and private equity. Cointelegraph Consulting has compiled a list, but investors should select the fund that best suits their interests.
This article was produced by Cointelegraph Consulting and the ranking results are based on publicly managed assets and data obtained by sending emails to various digital asset managers. Cointelegraph Consulting is not an investment firm, investment advisor, or broker / dealer.
This post is for information only and does not constitute investment advice, investment analysis, or an invitation to buy or sell financial instruments. In particular, this document does not replace individual investment or other advice.