21 Inc. Breaks Venture Bitcoin Funding Record

21 Inc. Breaks Venture Bitcoin Funding Record

Silicon Valley startup 21 Inc., a company that’s managed to stay in the shadows, for the most part, announced it has raised $116 million in venture funding. Formally known as 21e6, 21 Inc. raised the most funding by any startup in the digital-currency sector, based on data from Coindesk. Two years ago under the name 21e6, the company was able to raise $5 million in venture capital. Silicon Valley startups have been silently convincing venture capitalist to back their companies in an effort to turn the blockchain into a product or service that is marketable to the masses. Many investors....


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