Autonomous Partners is an established cryptocurrency venture capital and hedge fund invested in blockchain-based technologies. The fund was founded by crypto-veteran Arianna Simpson.
Type of Business: Cryptocurrency Hedge Fund
Region: North America
Arianna Simpson, Founder and Managing Director of Autonomous Partners, considers digital currencies an unprecedented opportunity to shape the future of finance. Autonomous Partners is an established cryptocurrency venture capital and hedge fund invested in blockchain based technologies, with a significant crypto portfolio.
Securing those investments to ensure their safekeeping requires the
experience of an expert custodian. With industry leading custody
practices and procedures, BitGo was a natural choice for alleviating the
fund’s security burden.
“BitGo understands security and compliance,” said Simpson. “They’re one of the earliest and most respected custodians in the cryptocurrency space.”
“They remove the stress of investing in and holding digital currencies - partnering with BitGo meant we didn’t have to build or maintain a full suite of security systems,” Simpson explained. “From a business perspective, it really means that we can dedicate our attention to our investment strategy knowing our assets are safe.”
The Benefits of BitGo Include:
But good custody goes beyond security. The fund listed reliable client service, responsiveness for inquiries, and having an ongoing relationship with the custodian as significant among their criteria for their wallet and storage provider. Trust between a custodian and client allows for peace of mind.
A reputable custodial solution also serves the interests of investors and limited partners in the fund, providing assurance that the fund is engaging the right partners. BitGo focuses exclusively on the institutional market, a critical distinction for funds like Autonomous Partners who are responsible for other people’s assets.
Since launching, the fund has become a well respected name in the cryptocurrency space, having attracted investment in the fund from Union Square Ventures, Craft Ventures, and Cohen Private Ventures.
“With digital currencies and blockchaintechnology, we’re not only developing new financial infrastructure, we’re changing how people see and think of money. We’re redefining how money is issued and treated,” said Simpson.
“At a societal level, this is a fundamental transformation; it’s the most important paradigm shift we’ll experience in our lifetimes in terms of how we pay each other and transact.”