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Bitcoin => Press => Topic started by: pawel7777 on March 11, 2015, 07:54:39 PM



Title: [2015-03-10] IBtimes: Bitcoin price rallies as secretive startup 21 receives...
Post by: pawel7777 on March 11, 2015, 07:54:39 PM
Bitcoin price rallies as secretive startup 21 receives record funding

http://www.ibtimes.co.uk/cryptocurrency-round-bitcoin-price-rallies-secretive-startup-21-receives-record-funding-1491323

Quote
The price of bitcoin has continued to rally over the past 24 hours, rising by around 6% in value to take its market cap above $4bn for the first time since January. Several other major cryptocurrencies have followed in bitcoin's lead, including a 5% rise for litecoin and a 2% rise for dogecoin.
...
Bitcoin startup 21 Inc has announced it has raised $116m in venture funding, the most ever received for a startup in the digital currency space.

Backers include chipmaker Qualcomm, PayPal co-founder Peter Thiel and renowned venture capitalist Andreessen Horowitz.

21 is yet to publicly reveal the exact nature of its operations but co-founder Matthew Pauker told The Wall Street Journal there will be "several interesting developments over the next few weeks and months" that he hopes will "drive mainstream adoption of bitcoin".

Pauker said: "Bitcoin is going to change the way that people and businesses and even machines interact with each other. But for bitcoin to realize that vision we need mass adoption. It can't just be for Silicon Valley."


Title: Re: [2015-03-10] IBtimes: Bitcoin price rallies as secretive startup 21 receives...
Post by: unamis76 on March 11, 2015, 08:14:28 PM
I wonder what these guys are going to do... I'll definitely follow them in near future. I hope it's something related to Bitcoin ATM's, or a serious exchange :)


Title: Re: [2015-03-10] IBtimes: Bitcoin price rallies as secretive startup 21 receives...
Post by: pawel7777 on March 11, 2015, 09:05:35 PM
I wonder what these guys are going to do... I'll definitely follow them in near future. I hope it's something related to Bitcoin ATM's, or a serious exchange :)

Nah, it must be something bigger than ATMs or yet another exchange. We already have enough of those and I don't think they would raise a record amount if it wasn't really unique/revolutionary.

Time will tell. You can sign up for the email notification on their website:

https://21.co/