On November 13, COINOTAG News reported that Bitwise Asset Management Inc. has successfully acquired Attestant, a reputable Ethereum staking service provider. This strategic acquisition reflects Bitwise’s ambition to diversify its offerings beyond traditional asset management and into the rapidly evolving world of cryptocurrency staking. Although the financial details of the agreement remain undisclosed, it is anticipated that this move will significantly bolster Bitwise’s overall assets under management, inflating them to a remarkable $10 billion.
Post-acquisition, all 11 employees of Attestant will integrate into the Bitwise structure, enhancing its expertise in the staking domain. CEO Hunter Horsley emphasized the maturation of the crypto space in his remarks, highlighting that clients increasingly demand both scale and comprehensive services. Currently, 20% of Bitwise’s clientele expresses interest in staking their tokens for rewards, with projections suggesting that this figure may increase notably in the coming years, pointing towards a broader acceptance of crypto staking as a mainstream investment strategy.