Crypto fund manager One River Digital Asset Management raised $41 million in a Series A funding round that included Coinbase and Goldman Sachs, according to a Bloomberg report.

The round valued River Digital at $186 million. Liberty Mutual Group Inc., Infinity Investment Partners and a European family office also participated.One River manages assets for mostly institutional investors such as pension funds, endowments and sovereign wealth funds. The fund is backed by macro fund manager Alan Howard.The firm has two main funds, including one that invests in bitcoin and another that holds ether, and it recently opened a third fund that Howard has used to invest in solana, according to Bloomberg.In March, former U.S. Securities and Exchange Commission Chairman Jay Clayton joined One River’s advisory council along with economist Jon Orszag and former White House adviser Kevin Hassett.Coinbase declined to comment. Goldman and One River didn’t immediately return requests for comment.