Published on June 14th, 2018 | by bitcoin0
Initial funding round brings $15 million to AlphaPoint
Crypto services company AlphaPoint successfully raised $15 million in its first major round of venture capital funding, the firm announced Thursday.
AlphaPoint raised the funds through Mike Novogratz’s Galaxy Digital, the self-described cryptocurrency merchant bank.
Chief executive Salil Donde said Galaxy Digital managing director Greg Wasserman is also joining his firm’s advisory board to provide “oversight, guidance and insights.”
With respect to future products and technology, AlphaPoint will continue to incorporate the needs of our customers and our prospective customers in conjunction with the ever-changing blockchain landscape around us.”
Galaxy Digital was launched earlier this year by billionaire and former hedge fund manager Michael Novogratz, and reportedly raised a total of $250 million as a cryptocurrency investment venture.