Unchained Capital announced the initial closing of a $25 million Series A capital raise led by institutional bitcoin technology and financial services firm NYDIG and parent company Stone Ridge Holdings Group.

Also participating in the equity round are existing investors Ecliptic Capital, Starting Line, Stronghold Resource Partners, TVP Bitcoin Venture Fund, Ten31, and Platform Ventures.

Unchained Capital is building a full-suite financial services platform for individuals and businesses that store long-term wealth in bitcoin and demand private key ownership.