Peter Thiel Invests in a New ‘Proactive’ Cryptocurrency Investment Platform

Peter Thiel Invests in a New ‘Proactive’ Cryptocurrency Investment Platform
фото показано с : bitcoinist.com

2018-12-20 13:00

The cryptocurrency investment and infrastructure platform Layer1 has successfully closed a $2.1 million seed funding round. Investors who took part include PayPal’s co-founder Peter Thiel and Barry Silbert’s Digital Currency Group. 

Layer1 Raises $2.1M With Help From Peter Thiel

Despite the prolonged bear market of 2018, cryptocurrency investment platform Layer1 led by Alexander Liegl has managed to successfully secure $2.1 in initial seed funding.

According to the official release, the funding round included prominent investors such as Barry Silbert’s Digital Currency Group and PayPal’s co-founder Peter Thiel. Bitcoinist recently reported that Thiel also invested in a new startup which helps large investors trade bitcoin.

Speaking on the matter was Travis Scher, VP Investments at Digital Currency Group, who noted:

We believe there is huge potential for a hands-on, mission-driven investor to take a concentrated position in a single cryptocurrency, and then dedicate talent and resources to significantly accelerate its development.

A Proactive Approach

Unlike typical crypto asset investment platforms, Layer1 takes a fairly different approach. The company takes a long-term position in certain digital assets, which bring promising technologies and network effects.

Then, Layer1 deploys its own capital and resources with an intention of improving the fundamental value of the asset they’ve invested in and support further market adoption. Reportedly, Layer1 is currently involved with a privacy coin known as Grin and, as such, it intends to build integral technology to further its growth.

Notes Alexander Liegl, co-founder at Layer1:

We believe that the crypto investment company of the future will look radically different to the status quo, with a clear focus on an engineering-first and pro-activist investment approach. […] Cryptocurrencies, as open-source protocols, offer the unprecedented opportunity for companies like Layer1 to meaningfully add value. This is fundamentally different from the possibilities available in traditional asset classes.

What do you think of the crypto asset investment platform Layer1? Don’t hesitate to let us know in the comments below!

Images courtesy of Shutterstock

The post Peter Thiel Invests in a New ‘Proactive’ Cryptocurrency Investment Platform appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0018383 (-100%)

investment platform peter cryptocurrency thiel layer1 funding

Источник: bitcoinist.com

investment platform → Результатов: 126


Фото:

Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform

CoinSpeaker Blockchain Community Returns to Its Founding Principles with Revolutionary New Smart Contract Investment Platform With global cryptocurrency investors hit by a near 18-month period of industry turmoil – the community requirement for a stable investment platform that can mitigate market volatility has become ever more important.

2019-1-8 12:22


Binance Labs Investing in Compliant OTC Trading Platform Koi.trade

Binance remains committed to its philosophy of becoming the best provider of crypto trading services in the market and the constant investments in the development of its platform attest to this. In a recent statement, the Binance Labs team announced that it made a 3M dollar investment in Koi Trading, an OTC trading platform operating […] The post Binance Labs Investing in Compliant OTC Trading Platform Koi.trade appeared first on Ethereum World News.

2018-11-23 02:38


UK Social Advocacy Newspaper “The Big Issue” Starts ‘The Big Exchange’ Blockchain Investing Platform

A UK-based newspaper called The Big Issue is diving into blockchain investing by launching its own investing platform. The newspaper is launching an investment platform called The Big Exchange. The Big Exchange is being launched as part of a partnership between three UK-based investing companies, including UK Standard Life Aberdeen, AllianceBernstein, and U.S. Columbia Threadneedle. […]

2018-11-21 12:43


Swinca ICO

Swinca is a platform offering the opportunity to instantly invest in real estate. Allowing anyone to become a multi-properties owner. By tokenizing real estate assets located worldwide, Swinca allows anyone to create and manage their own portfolios by investing in the properties desired.

2018-11-16 15:50


Фото:

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

2018-11-14 00:53


Circle Invest Launches a Crypto Rewards App Program in a Bid to Attract New Bitcoin Customers

In a Bid to Attract New Customers, Circle Invest Launches a Crypto Rewards Program As per a fresh new blog post on the official Circle Invest website, the firm has just announced the launch of its ’new rewards program’ that aims to attract more investors to the company’s native investment platform. NEWS: Make your first […]

2018-11-13 17:58


Фото:

SWINCA: The Future of Real Estate Through Blockchain

Real estate, despite its reputation as one of the best fields for investment for, still has plenty of roadblocks that prevent quite a lot of people from putting their money into it. SWINCA is a platform for crypto real estate industry that is going to deal with existing major problems of the field including: lack […] The post SWINCA: The Future of Real Estate Through Blockchain appeared first on ZyCrypto.

2018-11-10 10:31


Crypto Market Cloud ICO

Crypto Market Cloud is building a first of it's kind blockchain, self contained ecosystem, complete with a own blockchain, cryptocurrency exchange and crowdfunding platform. The CMC Ecosystem has been designed and developed with the investor in mind, when investing in CMC you will be part of all its products and part of the whole Ecosystem, all revenues, profit shares will benefit the investor.

2018-11-7 21:33


BitFinance: Safe Crypto Investment Wealth Management Platform?

The financial markets are worth trillions of dollars. They also encompass more than just stocks and currencies. There is a whole market of alternative investments worth well over $15 trillion. This money is distributed across more than 10,000 assets, so there are a lot of investment options to choose from. Unfortunately, this market is closed […]

2018-11-6 07:07


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Thiel’s Bitcoin Sale Reveals Corporate Crypto Pivot

A Peter Thiel investment fund’s sale of its Bitcoin holdings last year demonstrates a growing corporate divestment from cryptocurrencies. The post Thiel’s Bitcoin Sale Reveals Corporate Crypto Pivot appeared first on BeInCrypto.

Austrian Exchange Bitpanda Cuts Third of Workforce

Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto winter. The post Austrian Exchange Bitpanda Cuts Third of Workforce appeared first on BeInCrypto.

Bitcoin 2022: How The Industry’s Brightest Minds Value BTC

All this week in Miami is Bitcoin week. Vice City has been turned into a crypto hub, with the Miami Beach Convention Center acting as the center of it all. The world’s biggest conference devoted solely to BTC has drawn some of the most brilliant names in finance. Among the topics, was how to value […]

PayPal Co-Founder Says Bitcoin Price Points To Crisis In The Economy

PayPal co-founder Peter Thiel has said that the bitcoin price points to an ongoing crisis in the economy. Thiel expressed that the price of bitcoin hitting $60,000 is an indicator of this crisis. Mainly, Thiel says, this has been due to the staggering inflation rates that the country has been experiencing following the pandemic.