GDA Capital Receives $350 Million Mandate From LehmanBush ByMax MoellerPRO INVESTOR Updated: 30 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Global Digital Assets, otherwise known as GDA Capital, has approved a $350 million mandate from LehmanBush, a China-based consulting firm, for it to advise on blockchain-related topics. GDA Capital has brought on some blockchain-related firms and more, so this advisory support should ensure they’re taking the right steps with them. On top of this, Alpha Sigma Capital is a co-advisor and co-sponsor on the matter. They will help with the mandate. LehmanBush has a history in the advisory department, often assisting Chinese startups and richer individuals with their investments, the release notes. Speaking on the matter is Michael Gord, the co-founder and CEO of GDA Assets, who had said: “An institutional-investor backed injection of capital into the blockchain industry comes at an opportune time. It demonstrates a willingness for more traditional private equity firms to participate in digital assets and signals a larger wave of adoption.” Join Our Telegram channel to stay up to date on breaking news coverage