- CEO
- James Anderson
- Full Time Employees
- 1
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 401 East Las Olas Boulevard Plantation FL United States of America 33301
- IPO Date
- Oct 19, 2011
- Business
- The Graystone Company, Inc. (OTC: GYST) operates as a financial services holding company primarily engaged in mortgage brokerage and lending; it connects clients with tailored mortgage options including home purchase loans, refinance products, and investment solutions suited to individual financial situations and goals. The company provides comprehensive mortgage-related services, navigating market rates and terms while offering guidance throughout the process for both new and experienced investors; its principal offerings encompass residential mortgages funded through subsidiaries. Wholly owning Direct Capital Investment Group, Inc. and its subsidiary Direct Mortgage, the company generated $6.3 million in revenues in 2022 from approximately 450 loans totaling $152 million in funded volume. Founded in 2010 and headquartered in Fort Lauderdale, Florida, with prior operations noted in Plantation, Florida, The Graystone Company previously pursued cryptocurrency mining activities involving Bitcoin acquisition, equipment sales, and third-party hosting; it expanded mining capacity through purchases like additional S19j Pro units and executed a master purchase agreement with Blockware Solutions in 2021 for equipment acquisition and low-cost hosting. In a major strategic shift, the company completed the acquisition of Direct Capital via reverse merger on June 1, 2023, resulting in a change of control and pivot to mortgage banking; as of September 11, 2023, it was acquired by Direct Capital Investments, Inc., enhancing its focus on financial services over prior mining and natural resources segments historically explored in regions like Peru.