Wave Financial Group, a diversified holding investment and asset management firm that is focused on digital assets and blockchain technology, announced on Thursday it has surpassed $500 million of AUM for the first time since its founding in 2018.
Wave stated it provides institutional and private wealth digital asset solutions. The company provides investable funds through diverse investment strategies applied to digital assets and tokenized real assets.
“Wave also offers managed accounts for HNWIs and family offices seeking tailored digital asset exposure, bespoke treasury management services, and early-stage venture capital and strategic consultation to the digital asset ecosystem.”
Speaking about the milestone, David Siemer, CEO and Co-Founder of Wave, explained:
“Our focus on institutional quality investment management, along our highly experienced team which hails from some of the most respected traditional firms, gives our clients confidence that even though we operate in a new and volatile sector, their assets are in skilled hands. As the digital asset space continues to grow, traditional financial services firms and HNWIs are looking for firms that are regulated and have reputable track records such as Wave to manage their assets in both fund and bespoke solutions.”
Wave then added that it works with institutional custodians and offers sophisticated yield and alpha strategies for investors who want to put cryptoassets to work.