Earnity and BitNile End 2021 with a Huge Deal for Dan Schatt and Partner
Earnity is a crypto investment firm based in San Mateo, California. The newly emerging company is heavily focused on cultivating its revolutionary online platform where users may earn, collect, research, and reward portfolios of digital assets and tokens.
Founders Dan Schatt and Domenic Carosa, along with the rest of the Earnity team, are passionate about blockchain technology. They have dedicated their time, resources, and efforts to give people more control of their money through a platform that’s highly secure and very intuitive. Users of the Earnity platform can also find resources to help them learn more about crypto assets.
The Partnership with BitNile
In 2021, Earnity joined in partnership with Bitcoin mining firm BitNile, and on December 6, the pair raised $15 million in stock offerings. Domenic Carosa and Dan Schatt have pointed out that this new partnership bodes well for Earnity’s future in Bitcoin mining.
To solidify their partnership, in a Series A round overseen by BitNile, Earnity closed $15 million to bring its overall total raised in 2021 to $20 million.
The Potential and Future Plans of Earnity and BitNile
Christopher Wu, BitNile executive vice president for alternative investments, will be joining the board of directors of Earnity as both companies prepare to develop and promote NFTs, or non-fungible tokens, and other DeFi protocols and products.
BitNile is likewise very much looking forward to working with Earnity. Both companies understand that they have a significant role as important cogs in the crypto revolution machine, the mining of crypto, and the spreading of DeFi to people everywhere.
Furthermore, even with a big ending to 2021, Earnity and BitNile have even bigger plans for 2022 and beyond.