🌟 Brevan Howard Expands Crypto Horizons with New Unit! 🚀 🌟
Brevan Howard Expands Crypto Horizons with New Unit! 🚀 🌟
Brevan Howard’s crypto hedge fund is making waves again with the launch of a new unit designed to boost returns on crypto treasuries! 🌐💼
🔹 Brevan Howard Asset Management‘s crypto-centric division, Brevan Howard Digital, has introduced a new initiative, BH Digital Solutions. This unit aims to enhance returns for companies that hold crypto as a reserve asset. 🏦📈
🔹 Leading this innovative unit is Chris Rayner-Cook, former head of trading and financing at Coinbase. His expertise will focus initially on blockchain and crypto mining companies, helping them maximize returns from their holdings. 🌟💰
📊 The announcement comes as BH Digital, Brevan Howard’s crypto hedge fund, reported a 20% increase in assets under management for the first half of 2024, reaching an impressive $2.3 billion! Since its inception in late 2021, BH Digital has seen its assets swell significantly, boasting over a 50% gain since its trading debut in March 2022. 🚀💹
💬 Gautam Sharma, CEO of Brevan Howard Digital, emphasized that this new unit is a “natural extension” of the firm’s offerings, underlining the growing opportunities in the crypto space for institutional investors. 🌍📈
🔍 As the financial landscape remains uncertain, more companies are integrating crypto into their balance sheets. Data from BitcoinTreasuries.com shows that over 90 companies globally hold Bitcoin (BTC), with MicroStrategy leading the way with more than 226,330 BTC, valued at over $15.7 billion at current prices. 💼💸
Stay tuned as Brevan Howard continues to lead the charge in the crypto investment space! 🚀✨ #CryptoNews #BrevanHoward #Blockchain #CryptoInvesting #BHDS #FinancialGrowth
- Follow US on LinkedIN