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Latham & Watkins Advises Bitwise Asset Management in its US$70 Million Series B
June 15, 2021
A Bay Area-based team advises one of the largest and fastest-growing cryptocurrency index fund managers in the funding round.
Bitwise Asset Management, the world’s largest cryptocurrency index fund manager, has announced the completion of its US$70 Million Series B, which bring the company’s valuation to US$500 million. The proceeds from its Series B round are expected to strengthen its balance sheet and accelerate the national buildout of its organization, team, and product suite.
Latham & Watkins LLP represents Bitwise Asset Management in the financing with a Bay Area-based corporate deal team led by partner Miles Jennings, with associate Adam Zuckerman.