Blockchain Capital
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Revision as of 04:52, 31 October 2022 by Grand Master Pepe (talk | contribs)
Basics
- Founded in 2013
Investments
- 2 investments per month average, 500k each on average, largest investment was 3.25M
- Have invested in over 70 projects, of which around 43 were blockchain start-ups. For instance they invested in Coinbase, Kraken, Chain, Xapo, BTCC, ABRA, Blockstream, Gem, BitGo, Bitfury and Ripple. They invested in the first ICO ever, Mastercoin.
- Invested in 0x, and Messari
- Aave. Participated in a $25M funding round for Aave (12-10-2020).
- Anchorage; part of a $80M fund raise (25-2-2021).
- BadgerDAO; was one of four parties that took part in buying a total of $21M worth of assets from the treasury (8-3-2021).
- Balancer Labs; part of a $24.5M raise (8-6-2021).
- Blockstack. As of 8-2019 still invested in Blockstack
- Celestia; participated in their $55M raise (20-10-2022).
- Civic. Invested in Civic
- Espresso Systems; is mentioned on their website as an investor, while the project has no tokens out yet (25-10-2022).
- Kine; listed as one of the backers (15-3-2021).
- Nexus Mutual; participated in a token sale of $2.7M (16-2-2021).
- Paraswap. Participated in a $2.7M seed round for Paraswap (17-9-2020).
- Safe; part of the $100M funding round (12-7-2022).
- Securitize. Has backed Securitize in a recent $12.5M Series A; Securitize is a primary issuance platform for asset-backed security tokens on the blockchain. Again participated in their $48M Series B (21-6-2021).
- UMA. Invested in UMA. Took also part in the Range Token raise for UMA of $2.66M (16-7-2021).
Team, inverstors, etc.
- Pierce, Brock; founder
- Stephens, Bart; Stephens Inv. Mgmt., Ivanhoe Capital, E*Trade Group, #2 U.S. Long/Short Hedge Fund 2004*, 2002 through 2012, $500 Million AUM, 23.5x SIM Capital Partners, LP, 56.9% IRR
- Stephens, Brad; Stephens Inv. Mgmt., Fidelity Ventures, CSFB, #2 U.S. Long/Short Hedge Fund 2004*, 2002 through 2012, $500 Million AUM, 23.5x SIM Capital Partners, LP, 56.9% IRR
- Bogart, Spencer; Needham and Company, ETF.com, CFA, First and only Wall Street analyst covering Bitcoin and Blockchain
- Gardner, Jeremy; as an entrepreneur-in-residence and investor.
- Had ICO on 9-4-2017 for a venture capitalist company, its third venture capitalist that they start. Made its target of 10 million in a couple of days.
Partners
- Is a client of Argon Group
- Is a sponsor of Coin Center
- Is participating in governance of Bounce (4-9-2020).