Financial Technology Startup Raises $4 Million

Bitwise Asset Management completed $4 million in seed financing. Khosla Ventures, General Catalyst Partners, and Blockchain Capital participated.

Bitwise Asset Management develops funds, indexes, insight, and services to help individuals, wealth managers, family offices, investment managers, and institutions in navigating cryptocurrency. According to the company, its cryptocurrency index fund, the Bitwise Hold 10 private index fund, holds the top 10 most valuable crypto-assets, selected and weighted by market capitalization.