【Crypto World】More institutions are strengthening digital asset allocations. Investment advisory firm Digital Wealth Partners has decided to entrust approximately $250 million worth of Bitcoin to Two Prime for management, operating through a standalone managed account. This independent account structure is becoming increasingly common in institutional-level digital asset management, providing more granular risk isolation and professional management for assets. It seems that more and more traditional financial institutions are taking long-term allocations of digital assets like Bitcoin seriously.
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BearMarketGardener
· 4h ago
250 million USD, how much would the custody fee be? I'm a bit reluctant to spend it.
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GasFeeCryBaby
· 10h ago
250 million dollars handed over to Two Prime? Is traditional finance being forced to get on board or is it really attractive?
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ForeverBuyingDips
· 10h ago
$250 million has been thrown into Two Prime, their appetite is really big. I just wonder if this independent account structure can truly isolate risks.
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wagmi_eventually
· 11h ago
2.5 billion just to be handed over? I really can't believe there are still people this trusting these days.
Asset management giant Two Prime takes over $250 million worth of Bitcoin, with an independent account structure safeguarding institutional assets
【Crypto World】More institutions are strengthening digital asset allocations. Investment advisory firm Digital Wealth Partners has decided to entrust approximately $250 million worth of Bitcoin to Two Prime for management, operating through a standalone managed account. This independent account structure is becoming increasingly common in institutional-level digital asset management, providing more granular risk isolation and professional management for assets. It seems that more and more traditional financial institutions are taking long-term allocations of digital assets like Bitcoin seriously.