He did not disclose an investment figure. Blockchain start - up Intangible Labs has attracted several investors to the pre - sale of its digital currency basecoin , according to Intangible Labs CEO Nader Al - Naji . Investors include Digital Currency Group , AngelList CEO Naval Ravikant , Angel Capital Ventures and Andreessen Horowitz . The company , founded by Princeton graduates Al - Hassan , Lawrence Diao and Wang Shen , is developing a stable digital currency which operates in the same way as the federal reserve , a concept based on Al - Hassan 's blog post about a cryptocurrency which could shrink and grow its value .
Blockchain start - up Intangible Labs has attracted several investors to the pre - sale of its digital currency basecoin , according to Intangible Labs CEO Nader Al - Naji . Investors include Digital Currency Group , AngelList CEO Naval Ravikant , Angel Capital Ventures and Andreessen Horowitz . The company , founded by Princeton graduates Al - Hassan , Lawrence Diao and Wang Shen , is developing a stable digital currency which operates in the same way as the federal reserve , a concept based on Al - Hassan 's blog post about a cryptocurrency which could shrink and grow its value .