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Arca raises $10m in Series A funding

Los Angeles based digital asset management startup raised $10m in Series A funding led by RRE Ventures.

"We believe that the introduction of digital assets as a capital formation and growth bootstrapping mechanism is the greatest innovation in financial services since the Dutch East India company issued shares of its business to the public in the 1600s," said Arca CEO Rayne Steinberg. "Arca is helping guide investors through this massive transformation by providing what we see as the right products, at the right time, to the right investors."

Tags

digital assets, crypto, asset management