investment

Y Combinator’s New China Chief Is Bullish on Blockchain

22 hours ago admin2 0
Y Combinator (YC) has just announced a new China division and its chief believes blockchain will bring long-term advantages to startups, according to a report The Silicon Valley-based seed investment firm, which has incubated notable startups including Reddit, Dropbox and crypto exchange Coinbase, officially announced its entry into the Chinese market in a blog post Read More

Blockchain Provider Axoni Raises US$32M From Goldman Sachs, Nacy Partners

2 days ago admin2 0
Axoni Homepage Axoni, a provider of enterprise blockchain technology, has raised US$32 million in a Series B funding round led by Goldman Sachs and Nyca Partners. The round included participation from Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo, and Y Combinator. It brings Read More

Singapore VC Unveils New Blockchain, Cryptocurrency Fund

6 days ago admin2 0
LuneX Ventures, a partnership between Singapore-based venture capital (VC) firm Golden Gate Ventures and its former head of growth Kenrick Drijkoningen, is looking to invest US$10 million into five to ten blockchain and cryptocurrency startups by the end of the year, the company said on Friday. LuneX Ventures claims to be Southeast Asia’s first dedicated Read More

Blockchain Startups Have Raised US$1.8B In VC Funding So Far This Year

1 week ago admin2 0
Image: Cryptocurrency, by Marc Bruxelle, Shutterstock.com Blockchain companies raised US$1.8 billion through 343 deals during the first half of 2018, a new record for venture capital (VC) investment in the sector that highlights soaring demand from VC firms, according to a new report by blockchain VC firm Outlier Ventures. The trend has been largely driven Read More

Introducing Top eToro Popular Investor Stephen Bliss

2 weeks ago admin2 Comments Off on Introducing Top eToro Popular Investor Stephen Bliss
Stephen Bliss is a burger-van owner by day, and a top Popular Investor on global trading platform eToro by night. The crypto-crazy 34-year old manages assets worth around $6 million, and almost 5,000 investors match his trades using the unique CopyTrader tool. Bliss – whose eToro username is stebliss – enjoyed incredible gains of 893.16 Read More

KPMG: Blockchain Funding in US This Year Has Already Surpassed 2017’s Total

2 weeks ago admin2 Comments Off on KPMG: Blockchain Funding in US This Year Has Already Surpassed 2017’s Total
Investment in the blockchain industry is booming in the U.S., according to “Big Four” auditing firm KPMG. Published Tuesday, the company’s “Pulse of Fintech 2018” report states that traditional venture capital investments in U.S.-based blockchain companies in the first half of this year have already exceeded the total for 2017, though it did not specify Read More

Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

2 weeks ago admin2 Comments Off on Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies
U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, Forbes reported Tuesday. Northern Trust’s president, Pete Cherecwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To that end, Northern Trust Read More

VC Firm Morgan Creek Digital Leads Seed Round in CityBlock Capital

2 weeks ago admin2 Comments Off on VC Firm Morgan Creek Digital Leads Seed Round in CityBlock Capital
A venture capitalist and founder of Morgan Creek Digital Assets has announced today that it’s led a seed round with CityBlock Capital, which is attempting to build a VC firm that is more in tune with today’s digital age. In the announcement, Anthony “Pomp” Pompliano, who’s also a partner at Morgan Creek Digital Assets, explained Read More

SEC Commissioner Publishes Dissent Letter Disagreeing with the Agency’s Bitcoin ETF Rejection

3 weeks ago admin2 Comments Off on SEC Commissioner Publishes Dissent Letter Disagreeing with the Agency’s Bitcoin ETF Rejection
A commissioner at the U.S. Securities and Exchange Commission (SEC) has published a letter of dissent that disagrees with the agency’s decision to reject a second attempt by the Winklevoss twins to launch the first-ever Bitcoin ETF. Yesterday it was announced that the SEC had denied an application from Cameron and Tyler Winklevoss, founders of Read More

10,000%: Pantera Reports Massive 5-Year Crypto Investment Return

3 weeks ago admin2 Comments Off on 10,000%: Pantera Reports Massive 5-Year Crypto Investment Return
Cryptocurrency investment firm Pantera Capital reported a more than 10,000 percent lifetime return on Friday, coming five years after its formation. In an email, co-chief investment officers Dan Morehead (who is also CEO) and Joey Krug shared the figure as they celebrated the fund’s fifth anniversary. Perhaps unsurprisingly, they’re still bullish about bitcoin, particularly in Read More