Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds

Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment FundsGrayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly “diversifying their exposure beyond digital assets like bitcoin and ethereum.” […]

Go to Source

Powered by WPeMatico

Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

Bitcoin Mining Company Griid Plans for Public-Listing on NYSE via SPAC DealAfter the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go […]

Go to Source

Powered by WPeMatico

Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Plans to Raise $500 Million in Debt Market to 'Accelerate Growth Initiatives'Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy […]

Go to Source

Powered by WPeMatico