Crypto asset management company Grayscale, on Oct. 6, announced its latest launch, Grayscale Digital Infrastructure Opportunities LLC, a private co-investment opportunity that will allow accredited investors to access the infrastructure that powers the digital asset ecosystem.

Grayscale plans to launch a new private co-investment opportunity in mining hardware to enrich the bitcoin ecosystem. According to the release, this newly launched project is “designed to capture the silver lining of the crypto winter.”

The company stated that by leveraging the operational expertise of its affiliated digital asset mining and stake infrastructure company, Foundry, to manage the day-to-day operations of GDIO (Grayscale Digital Infrastructure Opportunities), it plans to acquire mining equipment at affordable prices. reduced during the crypto winter.

“GDIO will use the invested capital to purchase mining equipment. GDIO will then deploy this equipment to mine bitcoins, sell bitcoins daily, and distribute the generated cash to investors, generating revenue,” said Rayhaneh Sharif-Askary, director of investor relations at Grayscale. .

Foundry, or Foundry USA, is under the same parent company as Grayscale, the Digital Currency Group. Foundry operates as one of the largest mining pools in the world. Last year, Foundry USA ranked as the second largest Bitcoin mining pool after China’s ban on cryptocurrency trading and mining activities.

“As part of Foundry’s mission to power decentralized infrastructure, we’re excited to partner with Grayscale to expand the ability to invest in bitcoin mining during this opportune time,” Michael Colyer, CEO of Foundry, said in a news release from the Foundry. Grayscale.

Additionally, Grayscale said that GDIO is now open for investment by accredited institutional investors and eligible individuals.

“Our team has long been committed to lowering the barrier to investing in the crypto ecosystem, from direct digital asset exposure to diversified thematic products and now infrastructure through GDIO.” Grayscale CEO Michael Sonnenshein said.

In March, Foundry digital became a member of the Blockchain Association, a community of industry leaders advocating for the collaboration and innovation needed to support American leadership in the crypto industry.

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