Destiny XYZ Raises $9.4M “Series A” to Bring Public Access to Private Tech

First-of-its-kind fundraise accelerates development of new market solutions 

April 16, 2024 — In a landmark move following the successful listing of Destiny Tech100 (“DXYZ”) on the New York Stock Exchange, Destiny XYZ Inc. (“Destiny”) announced today that it has successfully sold 350,000 shares of DXYZ for a total of $9.43 million. The proceeds of these sales will be used to broaden its base of innovative product offerings and provide support for its rapidly growing investor base in the public market.

“Destiny is building structurally significant products at the convergence of the public and private markets,” said Ethan Silver, COO of Destiny, “and this capital will help our team build out a platform that solves for the private market‘s problem of liquidity and the public’s problem of access.”

This capital infusion for Destiny – parent company of Destiny Advisors LLC, the investment adviser to Destiny Tech100 Inc. – follows a $5M seed round raised in 2020 from investors including the founders of Coinbase, Quora, Runway, and Superhuman.