Blockzeit
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
  • EnglishEnglish
    • EnglishEnglish
    • DeutschDeutsch
    • PortuguêsPortuguês
Buy Crypto
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
Blockzeit
No Result
View All Result
Home Markets
Screen Shot 2021 06 24 at 5.04.21 PM

Screen Shot 2021 06 24 at 5.04.21 PM

Visa And PayPal Invest $300 Million In Blockchain Capital

Aaron Moses by Aaron Moses
June 24, 2021
in Markets
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare via WhatsappShare via Email

Finance giants Visa and PayPal along with other types of investors have gathered a total of $300 million dollar in a private equity fundraising event for a new fund at Blockchain Capital.

Blockchain Capital is a venture capital company in the cryptocurrency industry. Since their creation early last decade, they have built a portfolio of investments including “companies, protocols and crypto assets” across the blockchain ecosystem. Some of these companies include Kraken as well as top DeFi cryptocurrency protocols including AAVE.

Blockchain Capital partners with PayPal, Visa and more

The cofounder of Blockchain Capital said along with the announcement:

“We are incredibly honored to welcome a world class group of investors into Fund V who appreciate the value of a firm dedicated to a single industry.”

Jose Fernandez da Ponte, vice president, general manager for blockchain, crypto and digital currencies at PayPal said in regards to this event:

“PayPal is committed to fostering an ecosystem of companies making digital currencies more accessible, useful and secure. Investing in Blockchain Capital’s new fund allows us to engage with the entrepreneurs driving the future of the decentralized economy and the new wave of financial services.”

As reported on Cointelegraph, Blockchain Capital partnered with Morgan Stanley in Morgan Stanley’s first venture into the crypto/blockchain space. This was a joint fundraising event by the two companies in order to raise funds for Scrutinize, a company that manages digital asset securities.

Final thoughts

Also in response to the partnership, Vasant Prabhu said:

“Through our relationship with Blockchain Capital, we are deepening our efforts to shape and support the role that digital currencies play in the future.”

In the midst of what many are calling a bear market, Payal and Visa along with many other financial tycoons are not scaling back on blockchain and crypto. They are scaling in.

If you enjoyed this article you might also be interested in reading Michael Saylor Expands MicroStrategy’s Bitcoin Position Once Again.

Aaron Moses
Aaron Moses

Aaron is passionate about blockchain and has been an investor in cryptocurrencies for the past years. He enjoys engaging with other people in the cryptocurrency community online, particularly on Telegram, and learning from experts.

Tags: Blockchain CapitalPaypalVisa
Previous Post

John McAfee Found Dead In Prison Cell In Spain

Next Post

Wyckoff Accumulation: Is The Wyckoff Valid for Bitcoin?

Related Posts

The Swiss Crypto Valley in Zug. (Photo Source: Flickr)

Switzerland Remains As The Pivot Point Of Crypto Institutonalization

by Giancarlo Perlas
January 30, 2023
0

In this article, we shall explore what it means to have crypto institutionalization as well as the pivotal role of...

bitcoin bubble - Image source: Yale

Crypto Market Is Surging – Is It A Bubble Or A Breakthrough?

by Edmond Herrera
January 21, 2023
0

Explore whether the current crypto market boom is an echo bubble or a sign of sustainable growth in this in-depth...

bull x bear maket

Crypto Market Rises After Unexpected Drop in US Retail Sales

by Sammy Ugay
January 19, 2023
0

The cryptocurrency market is experiencing a surge in prices following the release of the latest economic data from the United...

Load More

Get updates to your inbox!

Subscribe to our mailing list to receive daily updates!

FOLLoW US:

Blockzeit Logo 10 1

Blockzeit was founded in 2021 in Switzerland with the mission of bridging the gap between the complex blockchain technology and the general public. Blockzeit is a news and education platform that aims to make blockchain more accessible and bring more transparency to the scene.

Popular Categories

Categories
  • Bitcoin News
  • Business
  • Education
  • Investing
  • Markets
  • Metaverse
  • NFTs
  • Politics
  • Press Release
  • Switzerland
  • Technology
  • Trends
  • Uncategorized

Important Links

  • Privacy Policy
  • Disclaimer
  • About us
  • Contact us
  • Blockchain Jobs
  • Events

Contact & Social

For guest posts, contact us via info@blockzeit.com

 

Contact: info@blockzeit.com
Press: press@blockzeit.com

Facebook Twitter Linkedin Instagram
  • Home
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
  • Education
  • Events
© Copyright by Blockzeit.com. All rights reserved.

Disclaimer

Start making money with crypto.

Buy Here
No Result
View All Result
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
  • DeutschDeutsch
  • PortuguêsPortuguês

© 2021 Blockzeit by Blockzeit.