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Crypto firms Arca and BlockTower merge as institutional interest in digital assets spikes

Crypto asset managers Arca and BlockTower have agreed to merge in an all-equity deal, aiming to strengthen their institutional investment offerings in digital assets. The merger combines Arca's Los Angeles-based operations with BlockTower's presence in Miami and New York. Both firms are registered investment advisers and the merger is expected to provide expanded resources and expertise to meet the high demand for regulatory-compliant digital asset options in the crypto space.

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