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Following the Money: Trends in Bitcoin Venture Capital Investment

CoinDesk is releasing its 'State of Bitcoin 2014' report on Tuesday, which takes an in-depth look into the evolution of bitcoin and the potential hurdles it is still yet to face. This article is the first of a two-part series drawn from the report. The series looks at the trends in venture....

Bitcoin Investment Trust Now Holding Over 100,000 Bitcoins

SecondMarket and Bitcoin Investment Trust Barry Silbert released an interesting tidbit of information on Twitter on Thursday afternoon. The Bitcoin Investment Trust now holds over 100,000 bitcoins, worth over $37 million at the present exchange rate. Back in December, the Trust was valued at....

Investment without Banking

Imagine, for a moment, you were a new member of China's growing middle class, and looking to invest your savings. You'll soon discover that without political connections, your investment opportunities are limited to a filtered selection of domestic companies; lucrative companies are listed....

BitFury Capital Invests in BitGo

BitFury Group's investment arm, BitFury Capital, is at it again. The group has made what they are calling a "strategic" investment in BitGo, a bitcoin secure products provider. It's BitFury Capital's second investment in the bitcoin space, highlighting the desire to support up-and-coming service....

Will Industrial Mining Become the Next Big Bitcoin Investment Sector?

Investment interest in the bitcoin ecosystem has skyrocketed in 2014, with this year's investment figures already having surpassed 2013s totals due to major investments in merchant processor BitPay, secure wallet provider Xapo and e-commerce and online banking platform Circle, which have....

Fortress Investment Group to Launch Bitcoin Fund

New York City-based Fortress Investment Group, a publicly traded company, is reportedly planning to launch a bitcoin investment fund. It's being reported that the investment vehicle may be an unlisted Exchange Traded Fund (ETF). It appears that there might be some association between Fortress's....

GreenBank Capital Launches Two Bitcoin Investment Companies

Canada-based GreenBank Capital, a newly-formed investment company, has launched two brand new investment companies that surround the cryptocurrency bitcoin. The goal? To invest in bitcoin-related businesses and improving the cryptocurrency ecosystem. The first of the two companies is Bitcoin....

Fortress, Benchmark and Ribbit Team up with Pantera for Bitcoin Fund

Investment firms Fortress Investment Group (FIG), Benchmark Capital and Ribbit Capital have teamed up with Pantera Capital to launch a bitcoin investment fund. The new fund will be known as Pantera Bitcoin Partners LLC and, as the name implies, it will be controlled by Pantera. Fortress, Ribbit....

The Bitcoin Group Gets an Investment Fund before the Launch of Its IPO

The Bitcoin Group Limited - Australia's largest operator for mining bitcoin, has received a boost in cash via investment platform BnkToTheFuture in return for shares in the company ahead of the planned launch of the mining operator's IPO on November 11, 2015. In the weeks leading up to the....

BitAge Promises Up to 340% Returns from Its Bitcoin Investment Fund

Digital currency investment company BitAge Corporation has guaranteed up to 340% returns from its Bitcoin investment fund. The Panama company, which has already attracted investments worth over $1 million from around the globe, offers a number of investment plans — each catering for....

GBTC: Bitcoin Investment Fund Goes Live

The Bitcoin Investment Fund (GBTC) is now live. This means that bitcoin has finally made it to traditional, international markets. From the slums of the Internet cypherpunk community and the uncertainties of volatility to the benches of international financial markets, Bitcoin has come a long....

KnCMiner Gets $14 Million Series A From Nordic Venture Capitalist Firm

KnCMiner, the well-known manufacturer of bitcoin mining equipment, has announced the closing of a $14 million USD Series A investment round let by Creandum, a Nordic venture capital firm. International technology investment bank GP Bullhound was said to have acted as the "exclusive financial....

BitFury Capital Announces Investment in GoCoin

BitFury Capital, the investment arm of BitFury Group, announced today a strategic investment in digital currency payments processor GoCoin. GoCoin allows merchants to accept bitcoin and other digital currencies, and have that converted to local currency immediately. And as one of the leaders in....

BitFury Capital Invests in Bitcoin Security Specialist BitGo

A BitFury spokesperson has confirmed that this is the second investment by BitFury Capital. BitFury Capital, the investment arm of bitcoin mining infrastructure provider BitFury, has announced an undisclosed investment in BitGo. The news marks the venture capital firm's second investment in....

Wall Street Investment Firms Can't Resist Bitcoin

Wall Street trading firms are a cautious lot, but they can't keep their eyes off of bitcoin. Big trading and investment houses don't want to miss out on possible profit opportunities as bitcoin continues to grow. More of the big proprietary trading firms are dipping their feet into bitcoin,....

Barry Silbert Reveals Bitcoin Investment Trust Holds 100,000 Bitcoins

The Bitcoin Investment Trust (BIT) now holds more than 100,000 BTC, according to Barry Silbert, CEO of SecondMarket and founder of the trust. Silbert has big plans for the Bitcoin Investment Trust, which is expected to open for public investors sometime in the fourth quarter of 2014. For the....

SecondMarket Looks to Make Bitcoin Investment Trust Open to All Investors

We didn't have to wait until Thursday, as SecondMarket CEO Barry Silbert projected to hear this news. The Wall Street Journal is reporting that SecondMarket's Bitcoin Investment Trust could be open to all investors as soon as the fourth quarter of this year. At the present, the fund is open to....

UK Aims for World Leadership in Fintech: Bitcoin Tech to Benefit

UK Prime Minister David Cameron has given his nod to an ambitious manifesto presented by the industry think tank Innovative Finance, focused at making UK the world leader in the fintech sector by 2020. The manifesto sets ambitious goals of attracting $8bn of investment and for UK to become the....

BitFury Capital Makes First Investment in Bitcoin Wallet Provider

Newly-launched BitFury Capital announced Friday that they have made their first investment into the bitcoin ecosystem since launching. A subsidiary of BitFury Group, BitFury Capital is a seed fund that launched in early July, and they say today they've made an investment in what has been....

A CryptoFund for Investing in Digital Currency

CryptoFund is a digital currency investment fund where clients' bitcoins are professionally traded in the cryptocurrency space. The Cryptomen team, developers of Cryptofund, claim that it's the world's very first digital currency investment fund. There will be many CryptoFunds, each named in....

Coinplug Raises $5 Million, Will Launch New Products Soon

Coinplug, the South Korea and Silicon Valley based bitcoin company has recently closed its Series B fundraising round. The company has managed to raise $5 million in investment from a group of investment firms led by SBI Investment. According to reports, with the latest investment Coinplug has....

Hedge Fund CEO Rates Bitcoin as "Buy and Hold" Investment

Even as the price of bitcoin has skyrocketed to around $1,200 a couple of years ago then down to $230 these days, Panterra Capital CEO Dan Morehead views bitcoin as a "buy and hold" investment. He has closed the firm's macro investment funds and opened a bitcoin-only fund back in 2013. "The....


Quotes

I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] ... is actually pretty cool. I am a big fan of Bitcoin... Regulation of money supply needs to be depoliticized.

Al Gore, former US Vice President and winner of Nobel Peace Prize