Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto W...
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure Opportunities (GDIO), and the crypto mining firm Foundry will handle the new product’s operations. GDIO is meant to “capture the upside of crypto winter,” Grayscale’s announcement on Thursday details. Grayscale’s New Co-Investment Vehicle GDIO Looks for Opportunities....
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“This campaign aims to educate and inspire the investment community to take action and make their voices heard on this historic decision,” said Michael Sonnenshein. As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a Bitcoin spot exchange-traded fund (ETF), the firm has called on American investors to submit comments to the regulator.In a Tuesday Twitter thread, Grayscale CEO Michael Sonnenshein announced the launch of an advocacy campaign for U.S.-based investors to speak their minds to the SEC before any....
The discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market. Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of retail users. Beginning on Friday, Robinhood users will be able to trade Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE) directly through the app. Shares of GBTC provide investors with direct exposure to Bitcoin in the form of a security without having to buy or store the digital asset....
High net worth investors can now gain exposure to speculative bitcoin mining through what’s being billed as the world’s first "bitcoin mining fund". Logos Fund, a Regulation D offering, is positioning itself as an alternative products like the Bitcoin Investment Trust (BIT), the private investment vehicle launched by Digital Currency Group CEO Barry Silbert, by creating an offering that blends bitcoin mining with buy-and-hold investing. The fund was created by Marco Streng, founder of hosted cloud mining company Genesis Mining. Logos Fund managing partners include Björn Tilmann Arzt,....
Bit2Me has launched an investment vehicle with a special focus on blockchain technology and cryptocurrencies. This was announced through their official website, with a statement in which the first words were: “Attention, we are looking for projects to invest in!” Bit2Me stated that they know firsthand the difficulties in the beginning of a startup, and the […]
Grayscale Investments has filed to make its $630-million diversified large-cap crypto fund an SEC reporting company. Grayscale has filed its third Form 10 with the United States Securities and Exchange Commission to convert one of its investment funds into an SEC-reporting company.Tweeting on Thursday, Grayscale announced that the company’s Digital Large Cap Fund, or GDLC, has filed the application with the SEC.Today we voluntarily filed for Form 10 with the SEC for $GDLC. If effective, it would designate GDLC as Grayscale’s third digital currency investment vehicle to become an SEC....