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Blockchain.Com Quits Asset Management After Less Than a Year: Report

Summary by Ground News

Blockchain.com Asset Management was launched in April 2022, shortly before macroeconomic conditions deteriorated rapidly. BCAM filed a request to be struck off the UK Companies register, according to Bloomberg. No information is available on how or when exactly the company will cease operations and how it will liquidate all active assets in order to return them to customers.

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4 Articles

Bitcoin Insider

Blockchain.Com Quits Asset Management After Less Than a Year: Report

The startup’s asset management division, BCAM, announced its plans to wind down due to market conditions.

2 years ago

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Bitfinsider

Blockchain.com to Close Its Asset Management Arm

Blockchain.com is shutting down its asset management division, which debuted in April. According to a statement with Companies House, the crypto startup has

2 years ago

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The NFT Unicorn

Blockchain.Com Quits Asset Management After Less Than a Year: Report

Blockchain.com started out as the first Bitcoin blockchain explorer back in 2011 and later expanded into wallet services, as well as hosting its own crypto exchange. Following years of growth, the company decided that 2022 was the year they would expand into asset management services. Unfortunately, the years of experience did not save the firm […]

2 years ago

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