BlockFi and Neuberger Berman Partner to Expand Range of Crypto Asset Management Solutions

BlockFi, a crypto financial services company, and Neuberger Berman, a private, independent, employee-owned investment manager, announced a partnership to develop and distribute a series of crypto asset management products and strategies.  These products and strategies will be housed in a separate entity called BlockFi nb LLC.

This joint effort reflects Neuberger Berman’s and BlockFi’s commitment to innovation and delivering creative solutions for clients in evolving markets. As crypto assets continue to grow and develop, clients will seek solutions from firms that have demonstrated investment leadership and a deep understanding of the asset class. BlockFi | nb will seek to deliver on this objective, initially by offering crypto access solutions. BlockFi | nb’s crypto access solutions will exist alongside Neuberger Berman’s growing suite of actively managed crypto strategies and BlockFi’s retail and institutional crypto solutions.

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“We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios,” said Greg Collett, President of BlockFi | nb. “BlockFi | nb combines the crypto expertise of BlockFi with the institutional rigor of Neuberger Berman.  We think this combination will help us to improve on products currently in the market so that we can give investors cost-effective and convenient access to the performance of digital assets from their brokerage accounts.”

“We’re excited for this partnership—as we continue to innovate and deepen the options available to investors. Digital assets are increasingly taking their place as mainstream investments and we intend for BlockFi | nb to play a key role in that effort,” said Peter Sterling, Managing Director at Neuberger Berman and a BlockFi | nb board member.

BlockFi | nb expects to launch crypto asset management products, including ETFs and other traditional structures, that will give investors cost-effective and convenient access to the performance of crypto assets in their brokerage accounts.

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