Citi Ventures , Accel invest $6 million in digital asset management solutions1 min read 07 Oct 2022, 11:47 AM IST
xalts is expected to launch multiple fund products linked to digital assets, including mutual funds and ETFs listed on several global exchanges. It is also leveraging its technology platform to partner with several asset management firms and staking infrastructure providers to jointly launch and manage mutual funds and ETFs.
NEW DELHI: Accel, Citi Ventures (Citi’s venture capital investing group) and crypto luminaries such as Polygon co-founder Sandeep Nailwal and other hedge fund managers have invested $6 million in xalts, in an indication that Wall Street and Silicon Valley are joining hands to build digital asset management solutions focused on connecting institutional investors to the crypto ecosyste.
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