Introduction
Bitwise was founded in 2017 by Elad Gil Hong Kim, and Hunter Horsley. It has its headquarter in San Francisco, United States.
Bitwise is one of the largest and fastest-growing crypto asset managers. As of May 7, 2021, Bitwise managed over $1.5 billion across an expanding suite of investment solutions. The firm is known for managing one of the largest crypto index funds (OTCQX: BITW), the first crypto industry ETF (NYSE: BITQ), and pioneering products spanning DeFi, Bitcoin, Ethereum as examples.
Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing—coming from firms including BlackRock, Blackstone, Facebook, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron's, Bloomberg, and The Wall Street Journal.
Bitwise Asset Management is a trusted partner to individuals, wealth managers, family offices, investment managers, and institutions in navigating cryptocurrency. Bitwise develops funds, indexes, insight, and other services. The team behind Bitwise has backgrounds in technology, security, and finance. The firm’s origins are in technology and it prides itself on having a deep understanding of protocols while seeking to build understanding and help the technical and non-technical alike participate.
Mission
Crypto is the future and the mission of Bitwise is to guide you there.
Why Bitwise?
With extensive experience supporting advisors, Bitwise's distribution team is focused 24/7 on crypto. They help advisors get the answers they need and confidently navigate the space on behalf of their clients
Funding
Bitwise has raised a total of $84.5M in funding over 4 rounds and is funded by 55 investors.
Below, are the details of the different rounds of funding received by Bitwise.
Funding Round | Money Raised | Number of Investors | Lead Investors |
Series B | $70M | 43 | Elad Gill
Electric Capital |
Series A | $10.5M | 2 | Highlight Capital |
Seed Round | $4M | 15 | - |
Pre Seed Round | - | 1 | Avichal Garg |
Acquisitions
Bitwise has made no acquisitions yet.
News & Media
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