Crypto Investment: Bitwise Raises $70M

Bitwise Asset Management Secures $70M for Crypto Expansion

• Bitwise Asset Management raised $70 million in a funding round.
• The funding was announced on February 25, 2025.
• Key investors include Electric Capital, Haun Ventures, Parafi Capital, and Massmutual.
• The funds will be used to expand Bitwise’s team and develop new crypto-focused products.
• Bitwise was founded in 2017.

On February 25, 2025, Bitwise Asset Management announced a $70 million funding round supported by prominent investors such as Electric Capital and Massmutual. The investment aims to enhance their team and create innovative cryptocurrency products.