金樹剝離數位資產部門，轉移焦點，賦予共和國數位資產領域

全球資產管理公司 GoldenTree 已將其數位資產部門 GoldenChain 出售給投資公司 Republic。 GoldenChain 前合夥人 Joe Naggar 將領導收購後成立的新實體 Republic Digital。 GoldenTree 剝離其加密部門的決定反映了該公司對信貸和不良市場的關注，而 Republic 的目標是加強其數位資產產品並探索該領域的新機會。這筆交易標誌著 GoldenTree 退出了直接加密貨幣所有權，但仍將是 Republic Digital 的投資者。此次交易包括六名 GoldenChain 員工加入 Republic，不包括數位資產交易主管 Avi Felman。

GoldenTree Divests Digital Assets Unit to Republic, Marking Strategic Shift

金樹將數位資產部門剝離給Republic，標誌著策略轉變

New York, March 7, 2024 - Global asset management firm GoldenTree has announced the sale of its digital asset subsidiary, GoldenChain, to investment platform Republic. This transaction marks a significant move for GoldenTree as it focuses its operations on its core strengths while Republic expands its digital asset offerings.

紐約，2024 年 3 月 7 日 - 全球資產管理公司 GoldenTree 宣布將其數位資產子公司 GoldenChain 出售給投資平台 Republic。這項交易標誌著 GoldenTree 的一項重大舉措，因為它將業務重點放在其核心優勢上，而 Republic 則擴大了其數位資產產品。

The acquisition of GoldenChain, a wholly-owned subsidiary of GoldenTree, will see Joe Naggar, former partner at GoldenTree, assume the role of CEO and CIO of the newly formed digital asset-focused entity, Republic Digital. Naggar, who previously served as Head of Digital Assets at GoldenChain and former Managing Director at Morgan Stanley, brings over two and a half decades of investment experience to his new position.

在收購 GoldenTree 全資子公司 GoldenChain 後，GoldenTree 前合夥人 Joe Naggar 將擔任新成立的數位資產實體 Republic Digital 的執行長和資訊長。 Naggar 曾擔任 GoldenChain 數位資產主管和摩根士丹利前董事總經理，他為新職位帶來了超過二十年的投資經驗。

Republic, a leading investment platform, aims to leverage GoldenChain's expertise to strengthen its position in the digital asset market. The combined entity will explore new opportunities in this rapidly evolving sector.

Republic 是一家領先的投資平台，旨在利用 GoldenChain 的專業知識來鞏固其在數位資產市場的地位。合併後的實體將在這個快速發展的行業中探索新的機會。

"We are excited to welcome GoldenChain to the Republic family," said Republic President Andrew Durgee. "The combined strengths of Republic and GoldenChain will create exceptional opportunities for our investors."

共和國總統安德魯·德吉 (Andrew Durgee) 表示：“我們很高興歡迎 GoldenChain 加入共和國大家庭。” “Republic 和 GoldenChain 的綜合優勢將為我們的投資者創造非凡的機會。”

GoldenTree's decision to divest its digital asset unit stems from strategic considerations. According to sources familiar with the matter, the firm determined that the crypto fund managed by GoldenChain was not a suitable fit for its primary focus on credit and distressed markets, particularly in light of regulatory and reputational concerns associated with the crypto industry.

金樹剝離數位資產部門的決定源自於策略考量。知情人士透露，該公司認為 GoldenChain 管理的加密基金不適合其主要關注信貸和不良市場的業務，特別是考慮到與加密行業相關的監管和聲譽問題。

"GoldenTree was a valued partner throughout this process," said Naggar. "However, we mutually agreed that a separation was the optimal path forward."

「GoldenTree 是整個過程中重要的合作夥伴，」Naggar 說。 “然而，我們一致認為分居是前進的最佳道路。”

At the time of the transaction, GoldenChain managed assets between $120 million and $150 million. Naggar emphasized that the acquisition does not alter the fund's strategy or operations, but rather transfers its ownership to Republic.

交易時，GoldenChain 管理的資產在 1.2 億至 1.5 億美元之間。 Naggar強調，此次收購不會改變該基金的策略或運營，而是將其所有權轉移給Republic。

The transaction marks GoldenTree's full exit from the crypto industry. As a result, GoldenTree will no longer control any crypto-related entities but will continue to invest in the sector.

此次交易標誌著GoldenTree全面退出加密產業。因此，金樹將不再控制任何加密相關實體，但將繼續投資該領域。

"We believe that GoldenChain's transition to Republic positions the digital asset unit for optimal growth," said Steve Tananbaum, Founder, Managing Partner, and Chief Investment Officer of GoldenTree.

GoldenTree 創辦人、執行合夥人兼首席投資長 Steve Tananbaum 表示：“我們相信，GoldenChain 向 Republic 的過渡將使數位資產部門實現最佳增長。”

In the aftermath of the acquisition, GoldenTree will retain an investor stake in Republic Digital, demonstrating its continued commitment to the digital asset ecosystem. Six additional GoldenChain employees are expected to join Republic, while Avi Felman, head of digital asset trading at GoldenTree, has departed GoldenChain but will not join the new entity.

收購完成後，GoldenTree 將保留 Republic Digital 的投資者股份，顯示其對數位資產生態系統的持續承諾。另外六名 GoldenChain 員工預計將加入 Republic，而 GoldenTree 數位資產交易主管 Avi Felman 已離開 GoldenChain，但不會加入新實體。

Neither GoldenTree nor Republic has disclosed the financial terms of the transaction, citing confidentiality.

GoldenTree 和 Republic 均以保密為由，未透露交易的財務條款。

About GoldenTree

關於金樹酒店

GoldenTree is a leading global asset management firm founded in 2000. The firm manages approximately $50 billion in credit and distressed assets, focusing on opportunistic, value-oriented investments across various asset classes. GoldenTree is headquartered in New York City with offices in London, Singapore, Tokyo, and Sydney.

GoldenTree是一家全球領先的資產管理公司，成立於2000年。 GoldenTree 總部位於紐約市，在倫敦、新加坡、東京和雪梨設有辦事處。

About Republic

關於共和

Republic is an investment platform that provides access to private market investments for individuals, family offices, and institutions. The firm offers a curated portfolio of investment opportunities across various asset classes, including real estate, startups, crypto, and art. Republic is headquartered in New York City with offices in London and Dubai.

Republic 是一個投資平台，為個人、家族辦公室和機構提供私募市場投資機會。該公司提供跨各種資產類別的精選投資機會組合，包括房地產、新創公司、加密貨幣和藝術品。 Republic 總部位於紐約市，在倫敦和杜拜設有辦事處。