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Enhanced Digital Group raises $12.5m in seed round led by WebN Group and Genesis

Enhanced Digital Group (EDG), a wholesaler of structured products in the digital asset space, has raised $12.5 million in a seed funding round led by WebN Group – a research-based incubator backed by Alan Howard – and Genesis.

Enhanced Digital Group (EDG), a wholesaler of structured products in the digital asset space, has raised $12.5 million in a seed funding round led by WebN Group – a research-based incubator backed by Alan Howard – and Genesis.

Additional investors New Form Capital, Nexo Ventures, Kenetic, BH Digital, Tribe Capital and IntoTheBlock founder Jesus Rodriguez also participated in the round.

EDG provides wholesale, customised structured products and derivative trading solutions to expand access to tailored financial exposure of digital assets. 

The funding will enable EDG to provide products and services to firms catering to US onshore and offshore traders, while providing working capital to expand hires for sales, technology, legal, and finance.

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