Ecliptic Capital

Unchained Capital, a financial services platform geared for long-term bitcoin holders, has announced today the initial closing of a $25 million series A capital raise led by institutional bitcoin investment solutions firm NYDIG. In addition, NYDIG has increased its minority stake and added $100 million to its initial lending commitment of $50 million made in February.

“Our initial investment in Unchained began a partnership that has quickly gone from strength to strength,” commented founder and executive chairman of NYDIG, Ross Stevens, in the announcement. “Most importantly, our firms share a united vision around helping to propel an alternative, sound-money financial system, built on bitcoin, open to all, ultimately empowering billions.”

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