Unchained Capital Raises $5.5 Million

Unchained Capital Raises $5.5 Million

Today, Unchained Capital announced that it has closed a $5.5 million equity seed round led by New York Digital Investments Group (NYDIG).

Also participating in the equity round were existing investors Ecliptic Capital, Starting Line, Platform Ventures, Stronghold Resource Partners, Trammell Venture Partners’ Bitcoin Venture Fund and Capital Factory.

NYDIG is a leading institutional bitcoin technology and financial services firm that recently filed for a U.S.-based bitcoin ETF product.

“The teams at NYDIG and Unchained Capital share a mission built on the foundation of a bitcoin standard,” Joseph Kelly, CEO and cofounder of Unchained Capital, said in an announcement shared with Bitcoin Magazine. “We believe there are significant opportunities to create synergies across our respective custodial and non-custodial platforms.”

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