Genesis Digital Assets Raises $125M in Funding

29 Jul, 2021

Genesis Digital Assets Raises $125M in Funding
Photo by Daria Shevtsova on Unsplash

– Genesis Digital Assets is a NYC-based industrial-scale bitcoin mining operator.
– The company raised $125m in equity funding.
– The round was led by Kingsway Capital, a UK-based private equity fund focused on frontier emerging markets with over $2 billion in assets under management (AUM).
– The company intends to use the funds to purchase equipment and build new data centers in the United States and nordic region.

Bitcoin Blockchain Information Technology North America
Crunchbase icon

Content report

The following text will be sent to our editors: