Rothschild Investment dan Brevan Howard menginvestasikan $ 60 juta dalam cryptocurrency
Rothschild Corporation and a well-known fund Brevan Howard have invested $60M in crypto.
For the Rothschilds, investing in crypto is nothing new. They have been gradually investing different amounts with the help of Grayscale since 2017. At the end of 2020, the family increased their digital currency investments by one third at once.
Brevan Howard fund, led by Alan Howard, also acquired $600M worth of Bitcoins earlier and intends to increase its holdings to $1bn in the equivalent of the main digital currency on the market by the end of 2021.
According to a document filed by the SEC, the Rothschild company acquired $4.75M in Grayscale Trust, and Brevan Howard invested up to 1.5% of the fund in crypto, which is 5.6 billion today.
As for the Rothschild digital currency portfolio, today it holds more than 1.1bn in crypto assets equivalent.
The firm announced 38,000 shares of Grayscale GBTC. But now, for the first time, Ethereum tokens have been added to them, recently reaching their historical maximum.