Announcing Alongside’s $11m fundraise
Alongside is an accessible finance community committed to building no-nonsense products for all investors.
In the last few decades, index products have saved investors billions in fees, served as a simple gateway for millions of regular people to invest, and enabled them to own trillions of dollars in equities, bonds, and real estate.
We believe the same simple philosophy “just buy the market and hold forever” applies to cryptoassets too.
We launched our first product, AMKT, four weeks ago and over $2m has already been allocated to passively tracking the crypto market.
Today, we’re sharing that we’ve raised $11m from investors including a16z crypto, Coinbase Ventures, and Franklin Templeton to support our mission to make crypto investing simple.
We’re incredibly lucky to have the backing of such a brilliant group committed to helping usher in a more healthy era for crypto and building a community characterized by long-termism and simple, passive, investing.
We hope you’ll join us!