According to ChainCatcher, citing CoinDesk, digital asset management company Two Prime has completed a $20 million equity financing round, with MARA leading the investment, and participating investors including Susquehanna Crypto.
It is reported that Two Prime is an investment advisor and institutional lender registered with the U.S. Securities and Exchange Commission (SEC), currently managing approximately $1.75 billion in assets, with its revenue strategy focusing on institutional-level risk management.
In addition to acquiring equity in the company, MARA will also participate in increasing Two Prime's institutional-level revenue strategy Bitcoin allocation from the original 500 BTC to 2,000 BTC.
