Early backers included ConsenSys Head of Global Business Development Andrew Keys, Civic co-founder and CEO Vinny Lingham, and Bloq co-founder and Chairman Matthew Roszack.
Blockchain Capital III Digital Liquid Venture Fund, LP, is being raised through a digital token offering, called the BCAP Token, bookrun by The Argon Group, via its subsidiary Argon Investment Management LLC, under Regulation D Section 506(c) and Regulation S exemptions from registration with the U.S. Securities and Exchange Commission.
The features of the fund are the following:
| Digital Liquid Venture Fund | |
|---|---|
| Investment Strategy | We leverage our unparalleled network to identify compelling investment opportunities that harness blockchain technologies |
| Exposure | Diverse exposure to the blockchain technology industry
Access to follow-on opportunities from Fund I and II in addition to new investment opportunities |
| Position Allocation | 50% New fund investments
50% Reserves for pro-rata and follow-on opportunities |
| Investment Quantity | 10-20 ($500k per deal) |
Launched in 2013 by Brock Pierce, Bart Stephens, and Brad Stephens, Blockchain Capital is a sector specific, multi-stage, venture capital firm investing in blockchain technology companies.
FinSMEs
09/04/2017