Share this article
Cowen Investment Arm Raises Over $46M for New Digital Assets Fund
A division of Cowen created in March is managing the fund.
Updated May 9, 2023, 3:19 a.m. Published May 26, 2021, 3:41 p.m.
A division of the financial services firm and investment bank Cowen has raised over $46 million for a fund that will apparently make digital-asset-focused investments.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to a Form D filed with the U.S. Securities and Exchange Commission on Wednesday, Cowen Digital Asset Investment Co. LLC raised precisely $46,015,000 from 80 investors.
- They each put in at least the minimum investment of $10,000 to the pooled investment fund.
- Cowen Digital Asset Investment was incorporated in Delaware on March 23, 2021, according to the state's corporate registry.
- The precise investment strategy of the fund – that is, whether it will directly invest in cryptocurrencies or instead via investment vehicles or industry firms – isn't made clear in the filing.
- Earlier this month, however, Cowen Digital Asset Investment invested $25 million in digital asset infrastructure provider PolySign.
- The deal ushered in a partnership aimed to allow Cowen’s institutional investor clients to "secure, access and leverage" cryptocurrencies and digital assets.
Read more: Fairlead’s Stockton Plans to Add Bitcoin Exposure Only After Key Indicator Turns Higher
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
