Cryptocurrency
Peter Thiel Fund Moves to Ease Trades for Big Crypto Investors via @coindesk
According to Coindesk, “Founders Fund, the Silicon Valley venture capital firm known for its early investment in Facebook, has reportedly put money into a cryptocurrency startup that aims to optimize the bulk trading of cryptocurrencies.” “According to the Wall Street Journal on Tuesday, Founders Fund – co-founded by the high-profile investor Peter Thiel and based in San Francisco […]
According to Coindesk, “Founders Fund, the Silicon Valley venture capital firm known for its early investment in Facebook, has reportedly put money into a cryptocurrency startup that aims to optimize the bulk trading of cryptocurrencies.”
“According to the Wall Street Journal on Tuesday, Founders Fund – co-founded by the high-profile investor Peter Thiel and based in San Francisco – is now backing a startup named Tagomi Systems Inc., which boasts a mission to serve as a broker-dealer to optimize bulk bitcoin trading orders for high-value clients.”
“While it remains unclear how much Founders Fund has invested in Tagomi, the report said the startup has netted $15.5 million in funding so far. In addition, a filing made with the U.S. Securities and Exchange Commission, dated March 15, indicates that Napoleon Ta, a partner at Founders Fund, will serve as a Tagomi director.”