Bitwise announces $70 million in funding

according to official news from Bitwise, the cryptocurrency asset management company Bitwise announced the completion of a $70 million financing round, with investors including Electric Capital, MassMutual, MIT Investment Management Company, Highland Capital, Haun Ventures, ParaFi Capital, etc.

Bitwise stated that the company currently manages over $12 billion in client assets, providing over 30 investment solutions, including index funds, alpha strategies, non-custodial staking, separately managed account strategies, ETFs and ETPs.