Bitcoin growth is outpacing that of the early stage internet by almost 25%; an Estonian Angel List service will utilize Bitcoin’s blockchain to secure its marketplace, and more top stories for July 28.
Bitcoin Investment Grows 25% Faster Than the Internet in its Early Years
In terms of investment, Bitcoin growth is outpacing that of the early stage internet by almost 25%, according to the latest figures compiled by IB Times UK. Venture capitalist investment in Bitcoin startups is projected to be US$786 million in 2015, compared with US$639 million in internet companies in 1996. Gathered data also revealed that investment in Bitcoin startups will double year-on-year from 2014.
Estonian Angel List Service Secures Marketplace with Bitcoin’s Blockchain
Funderbeam, an Estonian Angel List-like service allowing investors to find and fund European startups, will utilize Bitcoin’s blockchain to secure its marketplace. The company announced that they are adding a new intelligence service, giving investors greater access to data about startups, the market at large, and a marketplace for equity.
Funderbeam CEO Kaidi Ruusalepp said:
“Every syndicate is paired with a microfund that owns actual stakes in startups. So when syndicate members want to trade all or parts of their holdings, they’ll