Another crypto-related capital raise in the Magic City

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The crypto capital of Miami continues to attract more and more players, services, and funding.

Eaglebrook Advisors offers a Digital Asset Separately Managed Accounts (SMA) platform. The Miami-based tech company announced it raised $20 million in Series A funding.

The round was led by Castle Island Ventures and Brewer Lane Ventures with participation from Gemini Frontier Fund, Avon Ventures, Jump Capital, Sybil Capital, Marty Bicknell, Ric Edelman, Mark Casady and Joe Mrak.

“Eaglebrook provides technology solutions to wealth management firms looking to launch a crypto offering to their clients, and we are excited about this next step in the growth of our business,” said Christopher King, Founder and CEO of Eaglebrook. . “As financial advisors continue to demand access to this emerging asset class, this injection of capital will allow Eaglebrook’s solutions to scale to meet growing needs.”

Eaglebrook Advisors is a technology-focused, SEC-registered investment advisor that operates an SMA platform focused on the crypto market. Digital assets held in its SMAs are secured in an institutional-grade offline custodial account at Gemini Trust Company, a qualified custodian.

The company’s digital asset SMA platform is fully integrated with leading portfolio management and reporting systems used by RIAs and independent advisors. The solution enables advisors to model, onboard, charge, and advise on their clients’ bitcoin and digital asset holdings within a secure and unified technology ecosystem.

The new funding will be used to accelerate the development of technology and products to serve financial advisors and the wealth management industry in response to market demand.

More than 40 RIAs and 500 financial advisors across the United States use Eaglebrook’s SMA platform. They include Mariner Wealth Advisors, Dynasty Financial Partners, and Halbert Hargrove Global Advisors, among others.

Eaglebrook recently launched Eaglebrook IQ, the crypto education platform for financial advisors, providing training and education in the emerging digital asset market.

“RIAs and institutions are just beginning to engage with crypto assets and are increasingly exploring the larger role this asset class can play in portfolio construction. We believe Eaglebrook Advisors, with its suite of standard and custom crypto solutions, is extremely well positioned to capture and solidify its leadership position in this emerging space,” said John Kim, General Partner of Brewer Lane Ventures.

In total, the company has raised $22 million in capital.

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I am a writer and editor with extensive media experience and a passion for journalism and community service. I’ve spent most of my career at the Miami Herald in business news, and my expertise is writing about technology and entrepreneurs. I love hosting this blog for Refresh Miami and we aim to be the go-to site for news, features, and views from South Florida startups and tech. News ? contact me at [email protected] Thanks for reading! Latest posts by Nancy Dahlberg (see all)

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