Notable crypto investor, enthusiast and asset manager who was one held a spot as No 317 on the Fobres 400 American rich list and was also featured in this year’s Forbes crypto rich list has led a Series A investment round through asset management and digital services firm Galaxy Digital which he founded after his previous stint at notable investment giant Fortress which was later acquired by major tech investor Softbank into New York based digital asset exchange and blockchain platform AlphaPoint to the tune of $15 million for the expansion of its operations.

AlphaPoint which is a fintech company focused on crypto-currency and was founded 5 years ago will now make use of this investment to expand its services and invest more into resourceful expansion of the company which provides asset digitization and white label exchange for several institutions around the globe.

This investment represents the third major round participated in by Galaxy Digital which began investing this year after raising a huge $325 million with the company having previously invested in AI company Botchain and blockchain based online wiki Everipedia.

AlphaPoint previously raised $1.5 million in seed funding 1 year after its start in 2014 and this larger investment represents huge growth for the company’s prospects and statistics and also indicate more active investments to come from Galaxy Digital which possesses huge capital and is fixated towards investing and growing blockhain based companies around the globe.

AlphaPoint was founded by a trio team consisting of current CEO Joe Ventura who previously designed and implemented software systems for financial institutions at fintech software provider Mantara, COO Igor Telyatnikov who previously served as managing director for early stage venture firm Cvetlo and also current VP of Development Jack Sallen who is noted for developing automated trading strategies at different former positions.

This team indicates a pool of huge experience for the blockchain company which is earmarked for future growth and expansion, We will now watch out and see how this investment would play and fair for future prospects.

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