TechFlow news — GoldenTree Asset Management, the hedge fund led by Steven Tananbaum, has sold its cryptocurrency subsidiary to digital asset investment firm Republic.
Joe Naggar, former partner at GoldenTree, will join Republic's newly formed entity, Republic Digital, as Chief Executive Officer and Chief Investment Officer. Naggar said the acquisition of GoldenChain, a wholly owned subsidiary of GoldenTree, was completed last week. He declined to disclose terms of the deal, citing confidentiality.




