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Crypto Prune > Market > The major investment company has announced that it has raised millions of dollars in an investment that is fully composed of XRP
Market

The major investment company has announced that it has raised millions of dollars in an investment that is fully composed of XRP

5 months ago 1 Min Read

Digital Wealth Partners Management (DWP Management), a digital asset investment management company, has raised approximately $200 million in capital in its entire fund strategy since April.

According to the company’s statement, all physical contributions made so far have been made in XRP.

DWP Management argued that digital assets are considered direct contributions and provide opportunities for investors to earn or long-term growth while providing a structure that does not require them to be converted into Fiat. This system offers advantages in both efficiency and flexibility.

These special funds, which function within institutional level custody and compliance frameworks, are allegedly designed to meet the expectations of institutional investors.

The company’s investment director, Matthew Snyder, issued the following statement on the subject:

“We are grateful to investors who have trusted in our platform. This growth shows how quickly integration of digital assets into our latest portfolio is evolving. Our focus is on providing a safe and compliant strategy that meets our long-term goals.”

*This is not investment advice.

See also  Russia targets crypto miners, adds more than 1,300 operators to tax ledger
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