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Arca, Blocktower to merge into unified crypto platform

Coin Telegraph
Arca, Blocktower to merge into unified crypto platform
Arca

BlockTower’s venture capital arm, BlockTower Venture Capital, will continue to operate independantly.

Arca and BlockTower Capital agreed to merge into a unified cryptocurrency investment platform, according to a Nov. 13 announcement.

“Investors have been clamoring for regulated digital assets investment offerings for years,” Rayne Steinberg, Arca’s CEO said in a statement. 

The merger will help ensure the firms possess “the resources and expertise to effectively manage our current product offerings and broaden our investment options,” Steinberg added.

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