GSR announced leading a $100 million private placement into Upexi (UPXI)

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Crypto trading firm GSR announced it has led a $100 million private placement into Upexi (UPXI), a consumer products company, pivoting to establish a digital asset-based treasury strategy.

Event date

Apr 21, 2025 - 6:30am

Quotes that support claims

The crypto trading and investment firm GSR is helping the consumer product firm Upexi create a Solana treasury

Crypto trading firm GSR led a $100 million private placement into Upexi (UPXI), a consumer-goods company pivoting to a digital asset-based treasury strategy

Upexi Inc. is raising $100 million as part of a pivot that will see the company start to accumulate the cryptocurrency Solana

GSR led a $100 million private investment in public equity (PIPE) into Upexi to help achieve this goal, according to a release shared with The Block

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