Five Leading Venture Capital Firms Are Investing in Blockchain

Venture Capital (VC) firms are known to have virtually no connection with the cryptocurrencies market. However, that changed and now more and more VC companies are willing to emerge in the digital assets market and their underlying technology. That’s how five leading Venture Capital firms ended up investing in blockchain.

We’re talking about RRE Ventures, Fenbushi Capital, Pantera Capital, Blockchain Capital, and Andreessen Horowitz.

Five Leading Venture Capital Firms Are Investing in Blockchain

RRE Ventures

Based out of New York, RRE Ventures takes a specialized approach when it comes to putting money on cryptocurrencies. Accordingly, RRE focuses on investing in companies that deal with private information technology, centering on Internet, communications, software, and finance sector.

Fenbushi Capital

Fenbushi Capital is a China-based Venture Capital firm which invests only in businesses operating on blockchain technology. According to its leaders, Fenbushi Capital aims “to accelerate the inevitable future of blockchain economy by supporting as many companies as possible.”

Vitalik Buterin ethereum eth creator - Five Leading Venture Capital Firms Are Investing in Blockchain

This China-based VC firm works with Symbiont, Circle, Hashed Health, and the Zcash (ZEC) privacy coin. Besides, it has a remarkable team of advisors, including Vitalik Buterin, Ethereum (ETH) co-founder.

Pantera Capital

Launched in 2013, it only took one year for Pantera Capital VC to announce its interest in investing in blockchain technology.

Over the time, Pantera Capital VC firm teamed up with Fortress Investment Group, Benchmark, and Ribbit Capital, and invested in BitPesa, Xapo, and Bitstamp.

Pantera Capital CEO Dan Morehead also said that “we believe Bitcoin (BTC) is at an inflection point making it the right time for a transition to more institutional management.”

Blockchain Capital

Blockchain Capital emerged in 2013 and is one of the first Venture Capital firms to focus on cryptos and blockchain technology. The business also launched the first fund in this industry, which provided to accept capital calls in Bitcoin (BTC).

blockchain capital - Five Leading Venture Capital Firms Are Investing in Blockchain

Now, the Blockchain Capital’s fund enjoys the contribution of Coinbase, BitAccess, Blockstream, ShapeShift, and Singularity.

Andreessen Horowitz

Among the first Venture Capital firms to invest in blockchain, there was also Andreessen Horowitz VC company, a business established in 2009 by venture capitalists Marc Andreessen and Ben Horowitz.

After making some significant achievements in mainstream markets, now, Andreessen Horowitz Venture Capital firm emerged in the cryptocurrencies market and blockchain.


People Mentioned

Vitalik Buterin
Vitalik Buterin

Vitaly Dmitriyevich "Vitalik" Buterin is the co-founder of Ethereum, the world's most popular smart contract platform that enables developers to build decentralized applications (at the time of wirting this, ETH has a market cap pf $2B). Prior to his development of Ethereum, Buterin was the co-founder of Bitcoin Magazine.

Companies Mentioned

Coinbase
Coinbase

Coinbase is a digital currency exchange headquartered in San Francisco, California.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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