Digital currency VC giant Grayscale investments reports record breaking year

posted about 1 month ago
Venture capital firm Grayscale Investments had a stellar 2019 surpassing $1 billion in total investments. In a comprehensive report, the firm said it raised $226 million through investment products during Q4 of 2019, making the year’s total inflow $608 million after back-to-back quarters of over $225 million, possibly signaling a larger market trend.

71% of the year’s inflow sprung from institutional investors, and the company's client base grew by 24%. The Grayscale Bitcoin Trust specifically, raised $199 million in Q4, another historical high for the New York-based firm.
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