Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less than a year and appears to be the latest casualty of the crypto winter.
The subsidiary, known as Blockchain.com Asset Management, is based in London. It applied to be removed from the United Kingdom companies register on March 5. The application itself is dated Feb. 15. The company had not yet filed its first annual account.