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Digital Asset Management Firm Arca Raises $10 Million in Series A Funding

Jan 13, 2021•almost 5 years ago

Amount Raised

$10 Million

Round Type

series a

Los Angeles

Description

Arca, an asset management firm focused on investing and innovating in the digital assets space, today announced it has closed a $10 million Series A round of funding, led by RRE Ventures with additional participation from Alex Tisch, President of Loews Hotels & Co. and a coalition of top financiers led by Littlebanc Advisors.

Company Information

Company

Arca

Location

Los Angeles, California, United States

About

Founded in 2018, Arca is an asset management firm, focused on investing and innovating in the digital assets space. Arca's products offer investors the ability to thoughtfully invest in digital assets utilizing blockchain technology. Arca is forging a path for investors in the traditional finance sector to join the digital future, while adhering to the regulatory, legal and operational standards that are used and applied in the traditional finance sector. Arca is composed of two core business divisions—Arca Funds, whose flagship hedge fund strategy, the Arca Digital Assets Fund, invests in securities via tokens, equities, bonds and other instruments issued by companies in the digital asset ecosystem; and Arca Labs, the innovation division of Arca, pioneers innovative products in a digital structure that aim to revolutionize how people think about investments. Learn more about Arca: https://ar.ca

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech