Over the last 24 hours, digital asset manager Grayscale Investments have gained an extra $300 million in cryptocurrencies.
Late Thursday night, shortly after his company posted an update to its digital asset portfolio, Grayscale CEO Barry Silbert made the announcement via tweet.
A cool $300 million in managed assets was added in one day. The additional sum brings to $7.3 billion the cumulative kept under administration.
The move comes when big-name investors like Paul Tudor Jones II have gained additional attention from the excitement surrounding PayPal’s foray into the crypto markets.
Last week, the digital asset manager posted its best quarterly performance to date, taking investment in all of its cryptocurrency products to just over $1 billion.
Grayscale is owned by Digital Currency Group, CoinDesk’s parent company, of which Silbert is a member.