March 21, 2024
Blockhouse Digital, an asset management firm specializing in collateralized lending and yield-generating strategies in the cryptocurrency markets, has announced the successful completion of a $2 million seed funding round. This round included investments from strategic partners such as BlockFills, with significant contributions from various angel and venture capital investors.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Blockhouse Digital | March 21, 2024 | $2M | Seed | $2M | BlockFills | FinTech |
The funding will be utilized to launch Blockhouse Digital's specialized financial products and services designed to serve institutional investors, borrowers, and lenders. The firm aims to address the growing demand for borrowing, particularly among Bitcoin miners as the Bitcoin halving approaches in the second quarter of 2024. This increased demand presents an opportunity for Blockhouse Digital to focus on lending within the crypto space.
Blockhouse Digital's leadership team includes experienced professionals from renowned firms such as Citigroup, UBS, Morgan Stanley, AQR Capital, Hedera, Abra, Talos, Oaktree Capital, and JPMorgan. The firm's investment strategy emphasizes risk management and regulatory compliance, ensuring high standards of security and transparency for its clients. Key team members include Anthony Merriman as Co-CIO, Darren Yarwood as Head of Operations, and Tyler Adkison as Director of Business Development.
The newly secured funds will support the establishment of Blockhouse Digital's technology infrastructure, the expansion of its product offerings, and the strengthening of its market position as a leader in crypto asset management. The firm is committed to leveraging its expertise to provide solutions that generate sustainable returns for clients while navigating the complexities of the digital asset landscape.
About Blockhouse Digital
Blockhouse Digital is an asset management firm specializing in collateralized lending and yield-generating strategies in the cryptocurrency markets. Led by a team of financial industry veterans with extensive experience in both traditional and crypto asset management, Blockhouse Digital is dedicated to delivering risk-managed, regulatory-compliant investment solutions to its clients.
Website: https://www.blockhouse.digital/
X Account: https://x.com/BlockhouseFund
About Investor
Investor: BlockFills
BlockFills, a key institutional over-the-counter (OTC) partner, led the funding round. This strategic partnership will enhance Blockhouse Digital's product and service offerings for institutional clients by leveraging BlockFills' technological capabilities, liquidity, and connectivity for OTC trading.
Location: United States
Website: https://www.blockfills.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
Comments