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Crypto asset management firm Valkyrie Investments secures $10 million in Series A funding round

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Shivangi Mujumdar Follow

INDIA

Jul, 05 2021

Jul, 05 2021

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There has been a new announcement that has come up stating in a series Valkyrie Investments has now secured $10 million funding round. Valkyrie Investments is one of the popular Crypto asset management firms. On June 30, in Ashville, the Valkyrie Investments, has made an announcement stating is excitement to raise the $10 million. This is just one part of the success stories, but it grabbed many investors attention. 


The funding round had the participation from Tron Founder Justin SunPrecept Capital Management, former Major League pitcher CJ Wilson and the Consolidated Trading along with Litecoin founder Charlie Lee, who are quite the prominent investors. 


Valkyrie Investments CEO Leah Wald commented on this launch, “We believe crypto and digital assets are changing how people view, use, and invest their money." "Our goal, as a firm, is to help bring more access to the opportunities they provide to a wider audience of people, and to do so in a managed, research-driven manner that ultimately provides best-in-class products to all kinds of investors." 


Wald is a World Bank veteran who started the company with and Galaxy Digital veteran Steven McClurg and Guggenheim Partners. So far, their assembly with the top tier team of professionals in traditional markets at firms like the Chicago Mercantile Exchange and Chicago Board of Trade (CBOT), has been notable. It started with an aim to get Wall Street rigor while meeting the standards to a nascent asset class. 


This firm is now coming up with different investment products and services. It ranges from trusts and separate managed accounts till multiple exchange traded funds. 


With a great vision that Steven and Leah have been holding Litecoin founder, Charlie Lee commented "Leah and Steven have a great vision for how they want to bring investment opportunities to market, and I couldn't be happier to support them on this journey," 


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Shivangi Mujumdar

CBW - External Analyst

INDIA

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