Former Citi exec Matt Zhang announces Hivemind Capital Partners, a $1.5B VC fund to invest in blockchain startups, selects Algorand as a strategic partner
Hivemind Capital Partners, founded by former Citi exec Matt Zhang, announced its inaugural $1.5 billion venture fund to invest in blockchain and digital asset ecosystems.
Algorand raises $60M in an Algo token sale for its proof-of-stake blockchain platform that, it claims, can process and instantly confirm 1K transactions/second
here's why Daniel Kuhn / CoinDesk : Algorand Raises $60 Million in Token Sale Steven Zheng / The Block : Algorand raises over $60M in token sale at an implied valuation of $24B Yahoo Finance : Algoran...
Algorand, the blockchain startup founded by MIT professor and Turing Award winner Silvio Micali, raises $62M and hires new exec team from Fuze and LogMeIn
The blockchain and cryptocurrency industry has produced a lot of hype, but it is still working to deliver practical applications that are widely used by businesses.