Bitcoin Investor Syndicate Breaks into AngelList Top 10
A bitcoin syndicate cracked AngelList's top 10 for the first time on 21st February, just one month after it was initially formed. Created by bitcoin venture capitalist Brock Pierce, who founded ExpressCoin, GoCoin, KnCMiner and Robocoin Asia, the syndicate now ranks eighth in terms of its total monetary backing, with $501,250 from 23 backers. Syndicate backers include BitAngels Fund managing director David Johnston, SilkRoad Equity co-founder Matthew Roszak and 500 Startups venture partner Sean Percival and SIM managing partner W Bradford Stephens. The syndicate will support 12....
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In the latest sign that investors remain bullish on bitcoin, a digital currency-focused AngelList investment syndicate has topped more than $1m in backing from its pool of investors. The syndicate, led by Bitcoin Foundation board member and bitcoin investor Brock Pierce, is now the eighth most popular syndicate on the platform by total investor backing. The syndicate entered the top 10 in February, and also includes other big-name investors in the bitcoin space such as SilkRoad Equity co-founder Matthew Roszak and 500 Startups partner Sean Percival. Speaking to CoinDesk, Pierce said that....
Winklevoss Capital, the family office led by two of the largest known holders of bitcoin - brothers Cameron and Tyler Winklevoss - has officially launched an AngelList syndicate that will broadly focus on tech companies, possibly including promising digital currency startups. Announced in September and launched on 25th November, the syndicate has amassed 21 backers to date, including AngelList CEO and co-founder Naval Ravikant, serial investor Bill Lee and ex-head of Google Express Tom Fallows. Winklevoss Capital principal Tyler Winklevoss indicated that, while not broadly advertised in....
California-based incubator 500 Startups is launching an investor syndicate that will focus on bitcoin and financial technologies. The goal is to find more investors interested in putting money into the space, the company said. Dave McClure, founding partner of 500 Startups, recently told the Silicon Valley Business Journal that this is the organisation's third syndicate for accredited investors: "We are just getting ready to roll out our third syndicate, which will be focused around financial services and bitcoin." New funding avenues. The investor syndicate concept is a popular one on....
SecondMarket and Bitcoin Investment Trust CEO Barry Silbert has released some decently interesting information this Saturday afternoon relating to Friday's bitcoin auction held by the United States Marshals Service. To be clear, the results were not that of the auction itself, but the syndicate that Silbert formed shortly after the USMS announced the auction a couple of weeks ago. According to Silbert, there were 42 bidders involved in the syndicate, with 186 bids received and a bitcoin quantity bid of 48,013. Results of our US Marshals bitcoin syndicate: Bidders - 42 Bids received - 186....
Barry Silbert, CEO of bitcoin investment platforms SecondMarket and Bitcoin Investment Trust, has released new data regarding the auction syndicate that his entities formed to participate in Friday's US Marshals Auction of 30,000 BTC seized from online black market Silk Road. The figures, while potentially unrelated to the final results to be confirmed Monday, provide evidence that Silbert's strategy to use a syndicate model was successful at opening the auction to a wider range of foreign and domestic investors. Results of our US Marshals bitcoin syndicate: Bidders - 42 Bids received -....