Summary
Ten31, a leading bitcoin technology investor, has announced that its portfolio company, GRIID Infrastructure, will be listed on the Nasdaq Global Market stock exchange. This marks the first public listing for a bitcoin-focused investment fund’s portfolio company. GRIID is a vertically integrated bitcoin mining and energy infrastructure company that has successfully completed the regulatory review process for the listing. Ten31, as GRIID’s institutional capital partner, invested through its venture fund, underscoring its commitment to supporting innovative ventures in the bitcoin space. The listing is expected to enhance GRIID’s visibility, liquidity, and investor base. Ten31 also welcomes GRIID’s Chief Strategy Officer, Harry Sudock, as an Advisor. Ten31’s commitment to supporting bitcoin extends beyond investment, as it also allocates funding to open-source development in the bitcoin ecosystem.
Key Points
1. Ten31’s portfolio company, GRIID Infrastructure, has achieved the first public listing for a bitcoin-focused investment fund’s portfolio company on the Nasdaq Global Market stock exchange.
2. GRIID is a vertically integrated bitcoin mining and energy infrastructure company that has successfully navigated the regulatory review process to achieve this public listing.
3. Ten31’s commitment to supporting bitcoin extends beyond investment, as they also allocate funding to open-source development within the bitcoin ecosystem and have supported independent bitcoin developers and open-source efforts.