Nasdaq-listed Hilbert Group AB announced that it has agreed to acquire digital asset management company Liberty Road Capital (LRC). It is reported that the acquisition is a pure equity asset acquisition, including profit and prepayment components. The full acquisition transaction is expected to be completed in January 2025. Hilbert Group will acquire all Liberty Road businesses, including all asset management agreements, existing Customer relationships, all intellectual property and key employee...
Cryptocurrency bank Xapo and Hilbert Capital, the asset management arm of Swedish investment firm Hilbert Group, have announced plans to jointly manage a bitcoin-denominated hedge fund with an initial capital of $200 million. The fund is expected to be officially launched in September and will be open to corporations, commercial institutions and professional investors.