Aspen Digital leads global crypto asset management space joined by wealth managers and family offices
HONG KONG-Aspen Digital partners with strategic investors to strengthen its presence in Asia, adding partners from Hong Kong, Singapore and Greater China. Investors include K3 Ventures, BlackPine, Rockpool Capital, SNZ Holding, Midas Capital, and other traditional financial institutions moving into the digital assets space.
-After the official launch of the platform in January 2022, the company has assisted more than 100 family offices and ultra-high-net-worth clients to gain systematic exposure in digital assets and Web 3, ranging from attractive fixed yield crypto products, smart beta thematic crypto trackers to private venture capital opportunities such as Animoca Brands and Dunamu (owner of the biggest South Korean cryptocurrency exchange UpBit).
Aspen Digital, a global crypto asset management firm tailored for traditional wealth managers and investors, has announced the addition of key strategic investors to help with its global expansion plans. Aspen Digital is co-founded by the renowned digital assets group Everest Ventures Group and boutique investment bank TTB Partners.
The strategic investors joined Aspen Digital on the heels of a $9 million pre-A round raised in September 2021, led by RIT Capital and Liberty City Ventures. Investors in this round include Singapore-based K3 Ventures, the venture capital firm led by Meng Xiong Kuok, grandson of Shangri-La hotelier Robert Kuok; External Asset Managers (“EAM”) such as Rockpool Capital and Venture Smart Financial Group through BlackPine also joined, as the adoption of the crypto asset class continues to see rapid growth amongst Asia’s wealthiest. An important part of Aspen Digital’s value is to help traditional wealth managers build their crypto business through access to its crypto experts and end-to-end crypto product shelf, as traditional financial service providers look to provide clients exposure to the growing new crypto asset class.
Aspen’s Digital is a full-service crypto asset management firm that operates across both crypto and private markets, and offers a broad range of crypto products and tailored services from its team of crypto professionals. On the private investments side, Aspen Digital has already secured allocations for clients across a number of landmark transactions including two of Asia’s most high-profile crypto unicorns, Animoca Brands and Dunamu (the parent company of the biggest South Korean crypto exchange Upbit). The company has launched, with its own trading & research team, automated crypto strategies such as Market Neutral Arbitrage strategy and DeFi strategies. In addition, Aspen Digital has launched a line of attractive fixed yield crypto products and thematic smart beta crypto products including Metaverse, DeFi, Blockchain, Smart Contract and Frontier trackers. The company’s team of expert traders and researchers continues to carefully vet the best performing strategies and managers, as Aspen Digital becomes a key distribution partner for them. All of this is housed in a single end-to-end platform that includes trading, yield and strategy products, market intelligence and client portfolio management capabilities.
Michael Tung, CEO of Rockpool Capital, Aspen Digital’s latest EAM partner, resonates confidence in the company: “Aspen Digital is the ideal partner for Rockpool Capital as we can leverage their platform, products and expertise to better serve our clients as they increasingly look to allocate to crypto.”
Lawrence Chu, Chairman of BlackPine Group and Venture Smart Financial Group: “I see great synergies between our partnership with Aspen Digital, as VSFG continues to build our reach from traditional finance into digital assets, Aspen Digital’s end-to-end product suite and expert team is extremely complementary and will play a key role in helping our growth exponentially into the crypto space.”
Aspen Digital plans to expand its presence outside of Asia, moving into key crypto markets such as London, Australia and Dubai.
About Aspen Digital
Aspen Digital is a technology-driven crypto investment platform that empowers wealth and asset managers to venture into the digital asset market with confidence. With a single account, users can gain instant access to a full suite of digital assets products across exchanges. It was co-incubated by asset management veterans and digital assets innovators at Everest Ventures Group (“EVG”) and TTB Partners in 2021.
For more information, please visit https://www.aspendigital.co/
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SOURCE: Aspen Digital