Biti asset management Attestant Limited has earned a corporate degree Ethereum According to a transaction on November 13, the provider of equity (ETH), in a deal that will increase the firm's total assets under management (AUM) to more than $10 billion. Press release.
The acquisition allows Bitwise to add Ethereum shares to its portfolio of exchange-traded products, private funds and hedge fund solutions. The move is part of Bitwise's strategy to deepen its offerings for high net worth and institutional clients.
Founded in 2019, Attestant has a reputation for technical rigor and a portfolio that includes $3.7 billion in equity assets. The company's client base includes family offices, traditional financial institutions and DeFi protocols, with services that prioritize compliance and reporting standards that are often necessary for large-scale investors.
According to Bitwise, the acquisition will be under a new division, Bitwise Onchain Solutions (Bitwise Operating System), which will initially offer Ethereum shares at a minimum of $10 million.
Attestant's core team — including founders Sreejith Das, Jim McDonald and Steve Berryman — is expected to join Bitwise. The team's expertise, particularly in capital preservation and enterprise technology, is expected to complement Bitwise's focus on secure and scalable digital asset solutions.
The acquisition marks a significant shift as Bitwise Onchain Solutions prepares to provide staking services for additional protocols while contributing to open source projects. Bitwise has demonstrated that Attestant's products and services will continue to operate without interruption, ensuring stability for existing customers.
Galaxy Digital Partners served as Attestant's exclusive financial advisor for the transaction.
