Today,
Emergence Capital is thrilled to denote an investment inwards
Xapo, an early on leader inwards the emerging bitcoin ecosystem. CEO Wences Casares has decades of sense inwards edifice successful global finance companies. My partners together with I accept known him for over xv years, together with nosotros can’t intend of a improve leader to navigate this exciting novel platform.
On a personal level, I accept been tracking bitcoin startups for nearly 2 years.
When I origin canvased the ecosystem, I came across less than
100 startups, by together with large focused on wallets, exchanges together with merchant services.
I’m right away working on an updated version of this landscape amongst nearly 1,000 companies, which I conception to release inwards the adjacent few weeks.
The to a greater extent than fourth dimension I pass amongst bitcoin entrepreneurs, the to a greater extent than obsessed I become. It’s then much to a greater extent than than a fiscal musical instrument – it’s a protocol that allows efficient together with secure fixing, storing together with transfer of value. That value tin hold upwards much to a greater extent than than a currency, nosotros are thinking nigh purpose cases inwards existent estate, tickets, e-mail addresses together with more. While nosotros accept started to run across early on companies focused on the consumer elements of bitcoin, at Emergence, nosotros are especially excited nigh the emerging B2B opportunities only about security, identity, fiscal tracking, merchant services, analytics together with others.
Just over 10 years agone nosotros invested inwards Salesforce.com which became the defining fellowship inwards the SaaS world. Today, nosotros are announcing our origin investment inwards a bitcoin company, together with nosotros are excited to partner amongst Wences together with the fellowship that’s going to assistance define ane of the most exciting developments for the adjacent decade.
