BLOCKCHAIN CAPITAL RECEIVES INVESTMENT INVESTMENT CURRENCY 150 MILLION CURRENCY
Based in San Francisco, Blockchain Capital, the venture capital company, has announced a $ 150 million deal.
As stated in the Blockchain Capital press, this is the biggest investment for the company, but we should note that it is the largest for the entire crypto-currency industry. In August 2017, Coinbase completed D-series funding of $ 100 million, a little earlier - in March 2015 - $ 116 million from Earn.com.
Investor names in the Blockchain Capital report are not mentioned, but the company notes that the fund has exceeded the predetermined funding target. The funds were provided by limited institutional partners from several investment funds, as well as by strategic investors and trust management companies in family capital
"As one of the pioneers in the block industry, we are at the forefront of the new Crypto-clay ecosystem." We are still at the very beginning and our mission is to help new and existing members in our companies. " Casey Blokhain Co-founder and managing partner Bart Stevens.
At the same time, the company reported that Wall Street's most famous analyst, Spencer Bogart, who served as Chief Executive and Head of Research, was promoted and is already a partner of the company.
Blockchain Capital was founded in 2013 by Brothers Bart and Bradford Stevenson. It is one of the first venture capital firms active in the Bitcoin and CryptoLight projects.
Blockchain Capital has invested dozens of block-start companies, including Coinbase, Ripple, Ethereum, Kraken, 0x, Xapo and Abra, according to the company's Web site.
In October 2017, Blockchain Capital representatives informed the Securities and Exchange Commission (SEC) of their intention to set up two funds for investment in Crippto's projects.
Two other funds - Blockchain Capital IV and Blockchain Capital Parallel Fund IV - have already attracted over $ 60 million and $ 25 million.