Stonegate Digital Capital Group, a private equity firm that invests in blockchain technology and digital assets, has secured an “eight-figure” investment. The backer was an unnamed European family office.
NEW YORK, Aug. 8, 2018 /PRNewswire/ — Stonegate Digital Capital Group, a multi-strategy blockchain fund platform which invests in blockchain technology, cryptocurrencies and other digital assets, announced that it was seeded with an 8-figure investment by a multi-billion dollar private European family office.
John McCorvey, CEO and Portfolio Manager, commented on the announcement: We are proud to partner with a prestigious institution who shares our vision of the blockchain technology and cryptocurrency asset class. With this investment, Stonegate Digital is well positioned to build upon its track record and history with continued growth in the years ahead.
The European family office will be seeding all blockchain and cryptocurrency initiatives deployed by Stonegate Digital Capital Group. This seed investment takes Stonegate Digital Capital Group one step further in the execution of its growth plan, aimed at expanding its coverage across the blockchain technology space with dedicated sector teams across multiple long/short spot cryptocurrency trading strategies, quantitative trading strategies, ICO/Pre-ICO investments, digital asset mining and other strategies.
William Uicker, Senior Portfolio Analyst of Stonegate Digital Capital Group, stated: We are very excited to announce this strategic investment and we look forward to having them join us on our journey of global blockchain innovation. Combining our investment strategies with the backing of a multi-billion dollar family office means that together we can continue to maximize the profit potential that we possess across the blockchain technology and cryptocurrency markets. This investment relationship extends the reach of the Stonegate Digital Capital Group brand and empowers us to continue to be among the top performing hedge funds in the world.
ABOUT STONEGATE DIGITAL CAPITAL GROUP
Stonegate Digital Capital Group is a private equity firm which focuses on investing in blockchain technology and digital assets. The Stonegate Digital Capital Group team has significant expertise across all aspects of alternative investment products, including private equity, venture capital and hedge funds. For more information please contact the Investor Relations team through our website at www.StonegateDigital.com.