According to a ChainCatcher report, Bitcoin financial services provider Two Prime announced that digital asset registered investment advisor (RIA) company Digital Wealth Partners (DWP) has selected Two Prime to manage approximately $250 million in Bitcoin for its clients. Two Prime plans to offer low-volatility Bitcoin-denominated return investment strategies through separately managed accounts, thereby expanding Digital Wealth Partners' Bitcoin holdings and protecting assets during market volatility.
Two Prime to Manage $250M in Bitcoin for Digital Wealth Partners
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Summary
Two Prime, a Bitcoin financial services provider, has been selected by Digital Wealth Partners to manage $250 million in Bitcoin. This digital asset market move involves Two Prime offering low-volatility Bitcoin-denominated strategies through separately managed accounts. The firm aims to grow DWP's Bitcoin holdings and protect assets from market fluctuations. For now, altcoins to watch remain a secondary focus, with Bitcoin as the primary asset under management.
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