GOLDEN SAND RIVER (DIGITAL), LTD.

Thesis

Golden Sand River (Digital), Ltd. is an investment firm based in Grand Cayman, Cayman Islands, operating as an Exempt Reporting Adviser. The firm's name and stated focus areas of "Software & Technology Services" and "Software & Technology" indicate a strategic inclination towards companies within the digital and technology sectors. While specific details on stage preferences, geographic scope, or investment instruments are not publicly disclosed, there are conflicting reports on its Assets Under Management (AUM), with figures ranging from less than $150 million to $4.1 billion across various funds. A more recent filing shows a private fund with a gross asset value of over $264 million. The firm also lists several venture capital funds, including GSR Principals 2021 Opportunities LP ($13.4M), GSR Principals Fund VIII LP ($27.6M), and GSR Ventures VIII LP ($277.5M). The firm's operational opacity, characterized by its Exempt Reporting Adviser status, suggests it may function as a holding company or private investment vehicle, prioritizing privacy.