Crypto Currency Partners Rebrands as Blockchain Capital, Raises $7 Million

Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term venture investment firm Crypto Currency Partners has rebranded as Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Capital and raised $7 million for further investment in Bitcoin and blockchain technology companies.

The firm, led by Bitcoin Foundation board chairman Brock Pierce, has invested over $1.2 million in 29 cryptocurrency related startups to date, according to CoinDesk. Included are some of the biggest names in the industry, such as Coinbase, Ripple Labs, Xapo and Blockstream.

Its syndicate on AngelList, a platform bringing together angel investors, startups and job-seekers, has launched as well and will invest in startups in parallel. Managing Partner Brad Stephens explained:

"We believe equity crowdfunding shares the values of the blockchain economy: access, innovation and decentralization. We are also unique in having many founders and CEOs of top bitcoin companies as limited partners, providing unprecedented early access to the best entrepreneurs and companies in the sector. Our mission is to support entrepreneurs who are disrupting legacy industries and creating new markets via blockchain technology."

Also announced was the appointment of Alison Davis to lead its advisory board. She is currently director of the Royal Bank of Scotland and Firserv, and formerly a board member at First Data, Xoom, and City National Bank. She also previously served as CFO at Barclays Global Investors, now BlackRock.

The firm also said that it is looking to raise another $3 million.