Valkyrie raises $11.15 million in strategic fundraising

Valkyrie Investments has raised $11.15 million in a new strategic funding round.

The round saw participation from the likes of BNY Mellon, Wedbush Financial Services, Clearsky, Zilliqa Capital, C-Squared Ventures, Belvedere Strategic Capital and SenaHill Partners, among others. 

Valkyrie has launched a number of trusts this year, with multiple products providing exposure to single assets. Other recently launched products include an exchange-traded fund that invests in firms engaged in bitcoin mining. It also surpassed $1 billion in assets under management earlier this year.


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The firm has been among a group of issuers vying to be the first to bring a spot bitcoin ETF to market, though none have been successful. It was, however, one of the earliest to bring a bitcoin futures product to market, posting an $80 million debut with its bitcoin futures ETF. 

Valkyrie plans to use this fresh round of funding to increase its headcount and continue building out proprietary technology infrastructure with an eye toward bringing more products to market.

Valkyrie previously raised $10 million in a Series A round last year

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Aislinn Keely is a reporter on The Block's policy team holding down the legal beat. She covers court decisions, bankruptcies, regulatory actions and other key moments in the legal sphere, putting them in context for the wider crypto industry. Before The Block, she lent her voice to the NPR affiliate WFUV and helmed Fordham University's student newspaper. Send tips or thoughts on all things policy and legal to or follow her on Twitter for updates @AislinnKeely.