Blockchain Capital Seals Second Startup Fund after Raising $13 Million

Blockchain Capital Seals Second Startup Fund after Raising $13 Million

Venture capital firm Blockchain Capital has announced the closure of its second fund used for investments in bitcoin- and blockchain-companies after fundraising $13 million in total. Blockchain Capital, a venture capital firm that set the precedent as the first investment fund for the digital currency industry has sealed its second startup fund for $13 million. A press release revealed that the second fund has already been used for investments in 2015, with a total of 23 bitcoin and blockchain technology companies invested into. In a statement, managing partner and co-founder Brad Stephens....


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Blockchain Capital Raises $13 Million for Second Startup Fund

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Blockchain Capital Raises $7 Million for Startup Fund

Blockchain Capital has raised $7m toward a second investment fund for bitcoin and blockchain technology ventures. The firm, formerly known as Crypto Currency Partners, is helmed by Bitcoin Foundation board chairman Brock Pierce. It has invested more than $1.2m in 29 bitcoin and blockchain industry startups including Blockstream, Coinbase, Ripple Labs and Xapo to date. Notably, the rebranding comes at a time when many of the more mainstream companies associating with the technology, including Nasdaq and USAA, are voicing their interest in the blockchain, bitcoin's underlying decentralized....