May 2, 2024

The Rothschild Foundation has invested in a cryptocurrency platform

RIT Capital Partners, founded by Jacob Rothschild, led Aspen Digital's funding round.specializing in cryptoasset management services.

RIT Capital Partners (formerly RothschildInvestment Trust) invested in digital asset management platform Aspen Digital. The platform brings together service providers that enable financial institutions and asset managers to invest in cryptocurrency.

In total, Aspen Digital raised $8.8 million.The largest investors in the platform, in addition to RIT Capital Partners, were Liberty City Ventures, Cherubic Ventures, Token Bay Capital, Somerley Capital and Chatchaval Jiaravanon & Chaval Jiaravanon.

In April 2021, RIT Capital Partners acquiredshare in the Kraken cryptocurrency exchange. This became known from a note sent to investors. The size of the share and the amount invested by the fund are not mentioned in the document.

RIT Capital Partners is a British investment fund founded by Lord Jacob Rothschild in 1961. Its market capitalization is $ 4.1 billion.

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