Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Asset management company Strive has established a wealth management department, incorporating Bitcoin into its standard investment portfolio

Asset management company Strive has established a wealth management department, incorporating Bitcoin into its standard investment portfolio

Bitget2024/11/03 10:02
BTC-0.38%

PANews reported on November 3rd, according to The Block, that asset management company Strive Enterprises, co-founded by former presidential candidate and current Trump representative Vivek Ramaswamy, has announced the establishment of a wealth management business. The company aims to integrate Bitcoin into "the standard investment portfolio of Americans" as a hedge against unsustainable global debt levels, rising fixed income yields, long-term inflationary pressures, ongoing geopolitical pressures and potential restrictive monetary controls.

Prior to this announcement, Strive had just completed a $30 million Series B financing round led by Cantor Fitzgerald. This firm provides funding for Tether and its CEO Howard Lutnick is an active advocate for Bitcoin. If Donald Trump is re-elected president, Lutnick will also serve as co-chairman of the transition team.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Data: Galaxy Digital receives over 1.2 million SOL in less than 24 hours
2
Data: If ETH breaks through $4,845, the cumulative short liquidation intensity on major CEXs will reach $1.793 billions.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,508.16
-0.07%
Ethereum
Ethereum
ETH
$4,605.27
-0.87%
XRP
XRP
XRP
$3.04
-2.88%
Tether USDt
Tether USDt
USDT
$1
-0.00%
Solana
Solana
SOL
$245.45
+2.73%
BNB
BNB
BNB
$925.89
-0.57%
USDC
USDC
USDC
$0.9997
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2765
-7.81%
TRON
TRON
TRX
$0.3482
-0.31%
Cardano
Cardano
ADA
$0.8911
-4.71%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter