Digital Asset Management Firm Arca Raises $10 Million in Series A Funding Share Article Funding To Drive Further Expansion and Innovation in Delivering Digital Asset Investment Products “We believe that the introduction of digital assets as a capital formation and growth bootstrapping mechanism is the greatest innovation in financial services since the Dutch East India company issued shares of its business to the public in the 1600s,” said Arca CEO Rayne Steinberg. LOS ANGELES (PRWEB) January 13, 2021 Arca, an asset management firm focused on investing and innovating in the digital assets space, today announced it has closed a $10 million Series A round of funding, led by RRE Ventures with additional participation from Alex Tisch, President of Loews Hotels & Co. and a coalition of top financiers led by Littlebanc Advisors.