Tech Company Financing Transactions
Enhanced Digital Group Funding Round
Genesis, private investors and Kenetic Capital participated in a $12.5 million Seed venture round for Enhanced Digital Group. This venture round was announced by the company on 5/26/2022.
Transaction Overview
Company Name
Announced On
5/26/2022
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Seed
Investors
Genesis (Lead Investor)
private investors (Jesus Rodriguez)
Proceeds Purpose
The company intends to use the funds to provide products and services to firms catering to US onshore and offshore traders, while providing working capital to expand hires for sales, technology, legal, and finance.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded by experienced derivative traders, Enhanced Digital Group, Inc. (EDG) is bridging the gap between TradFi and DeFi. Catering to institutions, EDG is a first-of-its-kind institution for wholesale distribution and pricing for structured products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Bae
President
Leland Hensch
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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