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Announced

Betterment to acquire Makara.

Synopsis

Betterment, the largest independent digital investment advisor in the US, agreed to acquire Makara, an innovative manager of cryptocurrency portfolios. Financial terms were not disclosed. The acquisition will provide consumers and financial advisors the ability to invest in expert-built, diversified crypto portfolios alongside their existing investments, through an easy-to-use customer experience they have come to expect from Betterment.

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