The company’s second fund raised $7 million in a first close and will continue to invest in blockchain-enabled technology firms over the next 12 to 24 months. Blockchain Capital’s initial fund with 29 portfolio businesses was the first venture fund dedicated to investing in the sector. The company said in a press release its fund also pioneered accepting capital calls in Bitcoin and funding portfolio companies in Bitcoin.
The company also announced the launch of Blockchain Capital syndicate on AngelList and will invest alongside the venture fund.
“We believe equity crowdfunding shares the values of the blockchain economy: