Mirror Raises $8.8 Million for Bitcoin Smart Contracts Trading
Mirror has secured $8.8m in Series A financing to reposition itself as a smart contract trading platform built on bitcoin's blockchain. Led by Ripple Labs investor Route 66 Ventures, the round also included Battery Ventures, Crosslink Capital, RRE Ventures and Tim Draper. As part of the deal, Route 66 venture partner Pascal Bouvier will join Mirror's board of directors. Reports of Mirror's round first surfaced in a New York Times article that suggested the company had raised $12.5m to fund a pivot toward smart contract technology with the help of renowned cryptography expert Nick Szabo. In....
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San Francisco-based Bitcoin startup Mirror has raised $8.8 million in a Series A financing round, led by Ripple Labs investor Route 66 Ventures. The financing round witnessed participation from Battery Ventures, Crosslink Capital, RRE Ventures, and eminent VC investor and Bitcoin supporter Tim Draper. With this funding, the prediction platform utilizing Bitcoin's blockchain technology will aim to establish itself as the smart financial contracts marketplace. Mirror's CEO Avish Bhama commented:
According to multiple sources close to Symbiont, the smart securities trading platform has closed a $7 million funding round, valuing the company at $70 million. In an email to Bitcoin Magazine , co-founder Evan Wagner declined to comment but said that the company will be making a formal announcement in the future. Symbiont, which found its genesis from the Counterparty project, was founded by former members of Medici, which is now known publicly as t0, an Overstock.com (NASDAQ: OSTK) company. According to the company’s website, “Symbiont is building the first issuance and trading platform....
Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International (MTI), recently released a statement that suggested the scheme is owed as much as $129.6 million (2.07 billion rands) by previously unaccounted for debtors. According to a report by Moneyweb, preliminary investigations by liquidators also show that MTI had assets valued at over $190 million.....
Bridging the gap between real-world data and smart contracts remains an intriguing proposition. Space and Time, recently securing $20 million in funding from Microsoft’s M12 and investors such as Polygon, Fellows Fund, Mysten Labs, MarketAcross and others. The project aims to Bridge the gap between enterprise database data and smart contracts which can lead to […]
By raising $1 million in seed funding, blockchain startup RSK Labs will develop Rootstock, a smart contracts platform that will be deployed as a sidechain on the bitcoin blockchain. In a funding round led by bitcoin mining hardware company Bitmain Technology, RSK Labs has raised $1 million in a successful initial seeding round to develop Rootstock – a smart contracts platform secured by the bitcoin blockchain. The funding round was supported by London-based blockchain investment firm Coinsilium and New York-based bitcoin- and blockchain-investor Digital Currency Group. The first of its....