Originally published on: December 16, 2024
As the digital asset industry faces regulatory uncertainty and banking challenges, Nasdaq-listed Hilbert Group is making strategic moves to solidify its position as a bridge between traditional finance and the crypto economy. With a focus on quantitative asset management and data intelligence, Hilbert Group is preparing for the future by acquiring Liberty Road Capital (LRC) and partnering with Xapo Bank.
The acquisition of LRC, a reputable digital asset manager with a strong AI engine, will boost Hilbert Group’s managed capital to over $450 million. This move showcases the company’s commitment to growth and innovation in the crypto asset management space.
In collaboration with Xapo Bank, Hilbert Group is launching the Xapo Byzantine BTC Credit Fund, a BTC-denominated fund aimed at providing institutional-grade yield for clients holding significant Bitcoin balances. With approximately 3,500 BTC to start, the fund will be managed by Hilbert Capital, the asset management division of Hilbert Group.
These strategic partnerships and acquisitions build on Hilbert Group’s solid foundation, including its Nasdaq listing and commitment to institutional-grade services. Looking ahead, the company plans to expand its product offering, target assets under management beyond $1 billion, and explore market-making and arbitrage strategies.
To lead the company through this period of growth, Hilbert Group has appointed Barnali Biswal as the new CEO, bringing extensive experience from Goldman Sachs and a quantitative crypto hedge fund. With a vision of tokenized real-world assets and a seamless integration of TradFi and crypto markets, Hilbert Group is poised to shape a more connected financial future.
By blending quantitative methods, robust risk management, and strategic partnerships, Hilbert Group is paving the way for a future where financial markets are more integrated and efficient. As the company continues to innovate and expand, it stands at the intersection of traditional finance rigor and crypto innovation, ready to navigate the evolving landscape of digital assets.
