DeFi asset manager
Arch is a DeFi asset manager that enables passive investment in the decentralized (Web3) economy. It curates a comprehensive family of market indices and tokenized products to help investors build and manage their Web3 portfolios.
According to GeekWire, Prometheus, an AI startup co-led by Jeff Bezos as co-CEO, has announced a $12 billion Series B funding round, valuing the company at approximately $41 billion. Investors include JPMorgan, BlackRock, Goldman Sachs, DST Global, and Arch Venture Partners.