Digital asset management company Two Prime completes $20 million equity financing, led by MARA
Odaily News Bitcoin mining company Marathon Digital (MARA) led a $20 million equity financing in digital asset management company Two Prime, with participation from Susquehanna Crypto. MARA also announced that it would increase its Bitcoin position entrusted to Two Prime from 500 to 2,000, which is worth approximately $234 million at current market prices. Two Prime is a U.S. SEC registered investment advisor with $1.75 billion in assets under management. Its income strategy focuses on institutional-level risk management. The companys lending business was recently rated by Galaxy Research as the largest centralized financial lending platform in the United States. MARAs chief financial officer said the increase is aimed at transforming Bitcoin from a passive holding asset to an active income-generating tool. (CoinDesk)
You may also like

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

DeepSeek Financing Story

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

