Blockchain.com said it was suspending operations of its asset management arm 11 months after it first launched, marking another casualty of crypto’s prolonged bear market.
The Cayman-headquartered firm
The subsidiary, which was based in London, applied to be struck off the UK companies register on Monday, according to a filing. Blockchain.com Asset Management, also known as BCAM, had yet to file any annual accounts.
“Blockchain.com Asset Management launched in April 2022, shortly before macroeconomic conditions ...