Crypto Investment Firm LedgerPrime Raises $12M USD In Funding

Investing, News | March 8, 2019 By:

Digital asset investment firm LedgerPrime has raised $12 million in funding and secured commitments for another $8 million.

Founded in 2017, LedgerPrime seeks to become a global leader in generating sustained and superior risk-adjusted returns in one of the fastest growing assets in the world. It is owned by Ledger Holdings Inc., which is also the owner of crypto futures platform LedgerX.

The firm is led by chief investment officer Shiliang Tang, an experienced derivatives trader and FinTech executive, and CTO Dr. Johannes van Zeijts, who has over 15 years of experience in software development and quantitative strategies.

“The raise is reflective of LedgerPrime’s track record and success through the 2018 crypto crash, and shows the opportunity associated with trading cryptocurrency derivatives and the demand for strategies that can generate returns in both bear and bull markets,” Tang said.