Bitwise buys institutional-grade Ethereum staking provider Attestant

This post was originally published on Fin Extra

Bitwise Asset Management today announced the acquisition of Attestant Limited, an institutional-grade Ethereum staking provider with $3.7 billion in staked assets.

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The acquisition expands Bitwise’s suite of solutions for investors to include professional non-custodial staking alongside ETPs, hedge fund solutions, private funds, and separately managed account strategies.

Over the last five years, the team of technologists and financial services veterans at Attestant has earned the trust of a wide variety of institutional clients, including family offices, high-net-worth individuals, funds, traditional financial institutions, exchanges, custodians, protocol foundations, and decentralised finance protocols. The firm’s services are known for combining technical excellence with robust reporting for tax, audit, and compliance.

Going forward, there will be no disruption to Attestant’s services. The team and products will be rebranded to form Bitwise’s new Onchain Solutions group (“Bitwise OS”). Bitwise OS will focus on improving the group’s existing Ethereum services, building staking services for select additional protocols,and continuing to contribute to the open-source community. Initially, staking services through Bitwise Onchain Solutions will be available with
a minimum stake of $10 million.

“We want Bitwise to be the best possible partner

Read the rest of this post, which was originally published on Fin Extra.

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