<p>Aspen Digital, a crypto investment platform for asset managers, institutions, and other professional investors, has raised $8.8 million in a pre-Series A funding round.</p> <p><a href="https://www.prnewswire.co.uk/news-releases/digital-asset-management-platform-aspen-digital-raises-8-8m-in-pre-a-funding-led-by-rit-capital-partners-and-liberty-city-ventures-853461043.html">The round</a> was co-led by RIT Capital Partners — a publicly traded investment firm founded by British billionaire banker Jacob Rothschild — and Liberty City Ventures, an investor in crypto firms such as BitGo, Paxos, and ConsenSys.</p> <p>With fresh capital at hand, Hong Kong-based Aspen Digital plans to expand its team and open new offices in London and Singapore to serve clients in Europe, Middle East, and Southeast Asia.</p> <p>Founded earlier this year, Aspen Digital provides a single account through which users can gain crypto exposure. It offers services such as trade execution, custody, access to yield-generating products, and portfolio reporting under one roof. Aspen provides these services through crypto firms such as FTX, Celsius Network, and Hex Trust.</p> <p>Other investors in the funding round included Cherubic Ventures, Token Bay Capital, Somerley Capital, and Chatchaval Jiaravanon &amp; Chaval Jiaravanon, members of Thailand's richest family and owners of Fortune magazine. Aspen was co-incubated by Everest Ventures Group and TT Bond Partners.</p> <p>RIT Capital Partners also <a href="https://www.theblockcrypto.com/linked/102457/investment-trust-acquires-stake-kraken">acquired</a> a stake in the crypto exchange Kraken earlier this year. RIT has been listed on the London Stock Exchange since 1988 and has generated a total return of 11.7% per annum for its shareholders, according to its website.</p>