Facebook early investor and PayPal co-founder Peter Thiel bought millions of dollars’ worth of Bitcoin through Founders Fund, a VC firm he co-founded , and that number is reported to be worth hundreds of millions today.
Major Russian businessmen are interested in cryptocurrencies, while one tenth of the Forbes list invest in this new kind of financial tool.
Bitcoin and blockchain technology company Blockchain has raised $40 million in its second round of institutional funding.
Cryptoindustry is rapidly developing, which includes its part that seeks to replace venture investment and public capital markets altogether. Even projects that have nothing to do with blockchainsometimes use ICO as a way to raise funds via issuing their own token.
Over the first three months of 2017, overall investment in bitcoin and blockchain-related startups comprised $120 million spanning 21 deals. The officially announced funding of blockchain companies comprised $119.29 million with one more deal involving Tezos remaining officially undisclosed.
Overall amount of declared investment in bitcoin and blockchain startups comprised $42,63 million in January 2017, most of which accrues to blockchain infrastructure provider BitBury.Â
This year, Ethereum has been one of the most talked-about cryptocurrencies. The year 2016 started with a series of wins for the ambitious project, yet shortly afterwards it faced a series of problems. However, notwithstanding the hardfork after The DAO’s collapse, and the subsequent emergence of Ethereum Classic, many experts.
Venture fund Life.Sreda has recently launched a project dubbed Banking on Blockchain Fund (BB Find) to attract investments to blockchain-related startups. According to BB Fund’s managers, the fund will give grants to blockchain projects focused on banking.