October 14, 2020 Grayscale raises $1B in third quarter.

Grayscale Investments, the leading cryptoasset manager by assets under management, raised over $1B in the third quarter of 2020, representing the largest single-quarter raise in the firm’s history. According to a report published by Grayscale, 81% of the newly-raised funds came from institutional investors. As of September, the company had just under $6B in AUM.