PANews reported on February 25 that according to official news, Bitwise announced the completion of US$70 million in financing, with Electric Capital, MassMutual, MIT Investment Management Company, Highland Capital, Haun Ventures, ParaFi Capital and others participating in the investment. The funds will be used to continue to advance its development into a leading crypto asset management company.

Currently, Bitwise manages $12 billion in client assets, has more than 100 employees, and offers more than 30 investment solutions. The company plans to continue to expand its team and launch new products.