Global Advisors, a Jersey-based investment firm that previously backed bitcoin, has closed a new fund to invest in initial coin offerings (ICOs) and emerging cryptocurrencies such as Ethereum. The fund is reportedly $5 million. ICOs have grown massively in a popularity as a quick but risky means to raise money by letting anyone purchase crypto […]
Swiss cryptocurrency exchange ShapeShift has raised $10.4 million in a Series A round led by Earlybird Venture Capital to help expand its team. Other participants in the funding round include Lakestar, Blockchain Capital, Pantera Capital, Access Venture Partners alongside previous investors FundersClub, Digital Currency Group as well as ShapeShift CEO Erik Voorhees. The exchange will […]
Italian fintech startup Euklid has raised a seed round that values the company at €10 million, and will move its headquarters to London. The names of the investors were not disclosed. Euklid first started developing tech that predicts the fluctuations of cryptocurrencies by applying AI to bitcoin and the blockchain. Now the company is focused […]
Slovenian startup Cashila wants to change the approach to crowdfunding investments with it ICONOMI platform.
After the collapse of the Bitcoin price in summer 2014, we took a look at the state of the European Bitcoin startup ecosystem to see whether there’s still money being invested into these companies.
We recently caught up with Moe Levin, who is in charge of building out the European business of BitPay, a payment service provider that specialises in Bitcoin. Why is Europe so important to them?
Pamir Gelenbe, a VC and co-founder of the CoinSummit event, discusses how bitcoin entrepreneurship can be stimulated in Europe, not in the least thanks to a clearer regulatory framework across the EU.