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Rothschild-backed RIT co-leads funding for crypto platform Aspen Digital

  • 9 mths ago

LONDON, Aug 4 (Reuters) - RIT Capital Partners (RCP.L), the investment trust founded by Jacob Rothschild, is co-leading a funding round for crypto investment platform Aspen Digital intended to finance the creation of an online platform that would give wealthy investors a single portal to manage crypto investments.

RIT will lead the $8.8 million fundraising round for Hong Kong-based Aspen Digital, along with Liberty City Ventures, an early venture investor in the blockchain industry, Aspen said in a statement on Wednesday.

This will fund the launch of the platform and its expansion to London, Yang He, co-founder and chief executive of Aspen Digital, told Reuters.

Other investors include Chatchaval Jiaravanon and Chaval Jiaravanon - members of Thailand's richest family and owners of Fortune magazine.

Continue reading: https://www.reuters.com/technology/rothschild-backed-rit-co-leads-funding-crypto-platform-aspen-digital-2021-08-04/

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