Bitcoin AngelList Syndicate Tops $1 Million in Investor Backing
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....
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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....
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....
One of the most interesting and enthusiastic Venture Capital firms is Winklevoss Capital. The twin brothers, Tyler and Cameron Winklevoss, are major supporters and firm believers in the potential of Bitcoin and digital currencies in general. They have been in recent years advocating the value and potential of Bitcoin, backing a "bull" case scenario for the cryptocurrency. They even created their Bitcoin price index, the Winkdex. Already this year, in September, Winklevoss Capital announced anAngelList syndicate. The syndicate would be a Venture Capital vehicle with a focus on innovative....
Decentralized crowdfunding platform Koinify has raised a whopping $1 million from IDG Capital Partners, zPark Ventures, Bitcoin Foundation board member Brock Pierce and his AngelList syndicate, along with Danhua Ventures. The funding, in combination with a previous seed investment, brings Koinify's total funding raised to $1.4 million. "Right model. Right time. Tom Ding is a star," said Brock Pierce, referring to Koinify's CEO. "This additional funding round signals excitement and interest from the investment community in the new wave of the decentralized economy revolution," Ding said.....