Bitcoin is being spoken of with increasing frequency in connection with a certain precious metal. And thanks to blockchain technologies, one can invest in it directly in a relatively decent manner. There are two main innovative roads one can take – tokenized or synthetic assets. Let’s take a closer…
Rockaway Blockchain Fund joins Wintermute's $20M Series B investment round together with Pantera Capital, Lightspeed Venture Partners and others
Rockaway Blockchain Fund announces another investment in a promising startup – together with Pantera Capital, Lightspeed Venture Partners and others, it is investing $20 million in Series B in Wintermute, a professional liquidity provider and market maker for digital assets. For the blockchain fund from the Rockaway Capital family, this is one of the largest investment rounds in which it has participated so far.
Terra is the 3rd largest blockchain by collected revenue, has a real world usage of more than 2m users and can potentially yield 10x on invested capital. In the following analysis you can find our commentary and summary of key information about Terra, one of our portfolio investments.
The Rockaway Blockchain Fund, a traditional VC focused on investments into blockchain technologies, is announcing investment into the 1inch.exchange – leading aggregator of decentralized exchanges.
Rockaway Blockchain Fund has made another investment – together with a group of international investors, it has joined Opium Protocol start-up which enables decentralized equivalent of traditional finacial derivates trading.
Forbes Magazine put a daring declaration on the cover of its October edition: “Cash is King”. That surprised me, and so I decided to have a look if that’s true, and what the hard data says. That’s because I remember what they taught us in school – the value of money declines with time.
Due to fear of uncertainty, traditional markets declined since their peak this year: S&P500 -27% and Gold -11%, as investors took out cash.
Rockaway Blockchain Fund’s View on Security Tokens: Good Value Proposition on a Long Journey to Mainstream Adoption
The period from 2017 to 2019 has seen a boom in ICO (Initial Coin Offering) financing. The 2,100+ ICOs collectively raised ca. $18 billion, but gradually disappeared from the Digital Assets ecosystem. On the contrary, the number of STOs (Security Token Offerings) is rising. We have seen 95 finished STOs, most of them in the US, that collectively raised almost $1 billion from 2017 to 2019. The first half of 2018 was a particularly good time for STOs. Nexo, a digital asset loan platform, raised $52M, and tZero, a security tokens exchange, raised as much as $134M. Although Switzerland and Malta are considered to be the most STO-friendly jurisdictions, 36% of all closed STOs took place in the United States.