Rothschild-backed fund helps digital asset finance platform

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The Hong Kong-based company is part of a trend of companies looking to tap into the world of digital assets like bitcoin. Aspen Digital would target family offices and other investors in Europe, the Middle East and Asia.

Hong Kong-based Aspen Digital, a digital asset investment platform designed for asset managers, institutions and other professional investors, has secured $ 8.8 million in pre-A funding. RIT Capital Partners, an investment firm founded by Jacob Rothschild, co-led the round table.

Besides RIT, Liberty City Ventures – one of the leading venture capitalists in the blockchain space – is also involved in the fundraising.

The funding will allow Aspen Digital to launch its platform and expand into London, said Yang He, co-founder and CEO of Aspen Digital, as quoted by Reuters as said (August 4).

Other investors include Chatchaval Jiaravanon and Chaval Jiaravanon – members of Thailand’s richest family and owners of
Fortune magazine.

The platform is aimed at family offices and asset managers in Europe, Asia and the Middle East who want to have a single portal from which they can build a diversified crypto portfolio. It expects to go live later this year, he said in a press release. The company said it “also plans to establish an office in Singapore to target the Southeast Asian market.”

Aspen Digital describes itself as a “technology and financial services company with a mission to accelerate mass adoption of digital assets.” The company provides a digital asset management solution for sophisticated asset managers, institutions and investors. Aspen Digital was co-founded by digital asset innovators and asset management veterans at Everest Ventures Group and TT Bond Partners in 2021.

Through a single account, Aspen Digital brings together and centralizes key offerings from dozens of leading digital asset service providers, such as FTX, Celsius Network, Hex Trust, among others. Through their account, institutional clients can execute trades, improve returns and automate investment strategies. Aspen Digital also provides client portfolio reporting, risk management, market intelligence, and custody solutions.

“The Aspen Digital platform is a turnkey solution for investment advisers to manage digital assets on behalf of their clients. The launch is a major step in making this powerful and transformative asset class available to this particularly large investor base, ”said Emil Woods, founding partner of Liberty City Ventures.

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