One closed a new fundraising round led by PayPal founder Peter Thiel and Chinese chipmaker Bitmain.
One revealed its newest fundraising round led by billionaires Peter Thiel and Bitmain CEO Jihan Wu. Adding to the cohort of notable investors, Louis Bacon of Moore Capital and Allen Howard of Brevan Howard also made contributions to the company behind the EOSIO software.
An early investor in Facebook, Airbnb, and SpaceX, Thiel is a self-proclaimed Bitcoin bull who reportedly invested $20 million in Bitcoin through his venture capital firm, Founders Fund in January 2018.
Most recently, Thiel joined Coinbase in backing the new Reserve stablecoin.
Jihan Wu is CEO of the world's largest manufacturer of cryptocurrency mining hardware, Bitmain which is also considered to be the largest blockchain business by market cap at nearly $12 billion.
Bitmain is also the owner of Bitcoin mining pools BTC.com and AntPool, which reportedly control over 50% of Bitcoin's total mining power.
The recent investments made by Thiel and Wu follow an earlier fundraising round led by Galaxy Digital's Mike Novogratz and Christian Angermayer of Lansdowne Investment Company Ltd. Expressing enthusiasm for their new addition of partners, Block.
EOS invested over $1 billion USD in startups developing applications on the Dawn 3.0 smart contract platform.
One has planned for the new investment round is still unknown.
The easiest way to stay current with the most important blockchain news and crypto insights.
Bitmain and Peter Thiel Lead Investment Round for EOS Developer Block.one
gepubliceerd op Jul 18, 2018
by Cryptoslate | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.