ChainCatcher news, according to Bloomberg, hedge fund manager Steven Tananbaum's GoldenTree Asset Management has sold its cryptocurrency subsidiary to digital asset investment firm Republic.It is reported that former GoldenTree partner Joe Naggar will join the newly created entity under Republic, Republic Digital, as CEO and Chief Investment Officer.Naggar stated that the acquisition of GoldenTree's wholly-owned subsidiary GoldenChain was completed last week. He declined to disclose the terms of the deal citing confidentiality.