CoinWorld news, on July 15, Bitcoin mining company Marathon Digital (MARA) led a $20 million equity financing round for digital asset management firm Two Prime, with participation from Susquehanna Crypto. MARA also announced that it will increase its Bitcoin position entrusted to Two Prime from 500 to 2000, which is valued at approximately $234 million based on current market prices. Two Prime is a registered investment advisor with the U.S. Securities and Exchange Commission (SEC), managing $1.75 billion in assets. Its revenue strategy focuses on institutional-level risk management. Galaxy Research recently rated the company's lending business as the largest centralized finance lending platform in the U.S. MARA's Chief Financial Officer stated that the increase in holdings aims to transform Bitcoin from a passive holding asset into an active revenue-generating tool. [CoinWorld]
