LionTree Advisors to hold conference with investors
LionsTree Advisers is set to hold a conference in New York City this week that will include a conference call with investors.
The company, which manages more than $1 billion in assets, said it is holding the event to discuss the benefits of owning a company in the cryptocurrency space.
LionsTree is the third-largest shareholder in cryptocurrency exchange CoinLab, which has raised $50 million in Series A financing.
LionsTree said the company is planning to raise $50M from institutional investors.
“As we look to launch new products and services for our customers, we are exploring opportunities for a blockchain event in NYC,” LionsTree co-founder and CEO Jim Rogers told CNBC in a statement.
“We are excited about the potential to introduce blockchain to our customers and to share with our investors the benefits that come with the digital currency industry.”
Lions Tree, founded in 2015, is known for its blockchain solutions and has raised over $500M in funding, according to Forbes.