Wave Financial Acquires Criptonite


October 26, 2022

On September 1, 2022, Wave Financial LLC announced the acquisition of Criptonite Asset Management.

Under the terms of the agreement, Wave Financial LLC (“Wave”) has acquired a minority stake in Criptonite Asset Management (“Criptonite”). Wave plans to acquire 100% of Criptonite, with the transaction expected to be completed by the end of 2022, subject to regulatory approval. Financial terms of the deal were not disclosed.

Wave is a Los Angeles based crypto investment manager providing digital asset management for institutional and private clients.

Criptonite, based in Geneva, Switzerland, is an investment management company with a focus on digital assets.

To read the press release: please click here.

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