Block.one Announces Investment Round Led by Peter Thiel, Bitmain
July 16, 2018 by Ian Edwards
Block.one, the company behind distributed blockchain network EOS, has announced a new funding round led by Peter Thiel and Chinese ASICs manufacturer Bitmain. Few details about the deal were released by the company, leaving unknown the terms of the investments.
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Thiel, Bitmain and Two Hedge Funds Invest in Block.one
Investing alongside Thiel and Bitmain were two hedge fund managers: Alan Howard of Brevan Howard Asset Management LLP and Louis Bacon of Moore Capital Management LP. Thiel is the most prominent investor yet to take a stake in Block.one, which just completed a year-long ICO that raised $4
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