Bitcoin and Blockchain Startups Not Immune From Selective Investors
As investment in FinTech continues to rise, investors are becoming more selective in doling out money to startups, including those focused on bitcoin and blockchain. "There’s an increasing realization that [FinTech] is a specialized sector," said Jalak Jobanputra, founding partner of Future Perfect Ventures. "It's the realization that a lot of this does take extra time and the regulatory landscape is uncertain, and you need to invest in companies and entrepreneurs that understand that and have expertise and patience." The hesitancy is....
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Funderbeam, which is a company based in Estonia, is aiming to build a marketplace for startups using blockchain technology. The company was founded in 2013 and has been operating a service that allows investors to fund European startups. Just recently, Funderbeam announced that they would be coming up with an intelligence service that could give investors more information about these startups and create a marketplace for equity. Blockchain Technology Funding. The company has noted the emerging need from investors to buy and sell equity. However, an increasing amount of venture capital is....
A group of Chicago entrepreneurs and investors have launched the city's first bitcoin and blockchain hub. Opening today at Chicago's 1871 - an entrepreneurial centre home to 325 early-stage digital startups - Chicago's Bitcoin Center will provide a co-working space, mentorship, public relations and government affairs services to blockchain-focused startups. Matthew Roszak, CEO of the Chicago Bitcoin Center and founding partner of VC firm Tally Capital, said in a statement:
The blockchain based equity fundraising platform, Neufund has raised $2.13 million in seed fund. A German blockchain-based fundraising platform, Neufund has successfully raised $2.13 million in seed fund. Investors participating in the fundraising round includes Atlantic Labs, Klaas Kersting and a group of undisclosed angel investors. Neufund is currently in the process of developing an investment platform where investors can fund startups against equity using cryptocurrencies. Once completed, the platform will be available for startups working in the cryptocurrency sector through Initial....
The Stock Exchange of Thailand (SET), the country’s national stock exchange is reportedly launching a blockchain-based marketplace for trading in startups later this year. According to a report by the Bangkok Post, the blockchain-based marketplace will have no restrictions on trading units, allowing startups to gain access to funding from venture capital funds or angel investors. The Market for Alternative Investment (MAI), the stock exchange that serves smaller companies and startups, only allows for trading in board lots, or units of 100. The same restrictions are also seen in the SET....
Research suggests that while the U.K. may be behind the U.S. with the number of blockchain startups, it leads the way in diversity compared to any other country. The world’s first blockchain startup tracker was introduced by Outlier Ventures in May of this year. Its aim was to provide a comprehensive overview of the various projects and information regarding the nearly 1,000 blockchain startups across the globe. Interestingly, while many may think that the U.K. has the highest number of blockchain startups, it is, in fact the U.S. According to Outlier Ventures blockchain tracker, it found....