Aspen Digital Leads Global Crypto Asset Management Space Joined by Wealth Managers & Family Offices
Aspen Digital partners with strategic investors to strengthen its presence in Asia, adding partners from Hong Kong, Singapore and Greater China.
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.
Backed by a consortium of global investors, Aspen Digital is a crypto asset management firm that provides institutional-grade crypto products and tailored services from its team of crypto experts to help ultra-high-net-worth clients and institutions to invest in the rapidly growing digital assets industry.
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 innovation, 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).
6 April 2022, 8:00 am HKT -- 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 team of crypto experts and end-to-end crypto product shelf, as the 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.”
Ke Chen, Managing Partner of SNZ, expresses his excitement and confidence in this strategic investment, “As a leading crypto and blockchain investment firm in Asia, SNZ will work with Aspen Digital and other partners to provide high quality blockchain services. This will further accelerate the institutional and high net worth individual’s adoption to crypto markets. The strong partnership between SNZ and Aspen Digital/EVG will bridge the gap between digital assets and traditional finance.”
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/
About Everest Ventures Group
Everest Ventures Group (“EVG”) is a global digital assets group with strong roots in Greater China, Japan, Korea, Australia, Southeast Asia and Africa. Founded in late 2018 with the support from a consortium of renowned Asian families, EVG has been an active investor and venture builder in the digital assets industry. It is the co-founder and the largest shareholder of crypto investment applications Kikitrade and Vibra, as well as leading Chinese blockchain media BlockTempo. EVG has 6 regional offices and over 30 portfolio companies across the globe, including renowned blockchain stat-ups Dapper Labs, Animoca Brands, Immutable, The Sandbox, Kraken, Lukka and Dunamu.
For more information, please visit https://www.evg.co/
About TTB Partners
TTB Partners is a boutique advisory and investment firm founded and led by seasoned finance professionals with 15+ years of experience at Goldman Sachs, Merrill Lynch, RBS and CLSA, with extensive structuring and investment experience across Asia and the West. Headquartered in Hong Kong and London, TTB specialises in providing corporate finance, growth capital and wealth solutions services, and invests from the balance sheet in companies with strong strategic value.
For more information, please visit https://ttbpartners.com/
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