Venture capital firm Blockchain Capital has invested in Parity Technologies, founded by ethereum inventor Dr Gavin Wood, after raising 10min worth of BCAP Tokens in six hours during an oversubscribed initial coin offering. The tokens will be available to account holders on the TokenHub.com website around 10 May. With the fundraise, Blockchain Capital aimed to "democratise access and provide enhanced liquidity to the venture capital asset class," according to co-founder Brock Pierce.
Venture capital firm Blockchain Capital has invested in Parity Technologies, founded by ethereum inventor Dr Gavin Wood, after raising $10m worth of BCAP Tokens in six hours during an oversubscribed initial coin offering. The tokens will be available to account holders on the TokenHub.com website around 10 May. With the fundraise, Blockchain Capital aimed to "democratise access and provide enhanced liquidity to the venture capital asset class," according to co-founder Brock Pierce.