Venture Capital

Today let's discuss about the money or the piles of money coming in cryptocurrencies. I think it's very easy to distracted by the fud and the news headlines that we see coming out all the time. But if we start to dig a bit deeper and follow the money trail in cryptocurriencies, the future looks pretty bright indeed.

The big news recently has been that Coinbase just made a big move to get involve in Wall Street's. Now they are launching an index fund, which is pretty huge to allow the investor to invest in basket of cryptocurriencies.
This let's regular investors not actually physically hold the cryptocurriencies but have to be able to invest in them and gain the benefits of investing in that technology without expose themselves as much to the risk of physically holding and handling the security for holding them.

Venture Capital is flooding into the market. If you look at many of the promising ICO's come out, VentureCapitalFunds have been there early and got early investments in a lot of these. In fact some ICO's are even canceling their ICO's because the VentureCapitalFund buys them up. It's really interesting to see how ICO mania has developed to a situation where its no longer just the domain of john cube public to get involved in ICO's and I really applaud the ICO's that take the Venture Capital Money but still actually deliver the product at the end of the day that a regular investor can participate in because there are definitely those ICO's which are skipping this process.

So it's really come full circle where they try to skip venture capital because venture capital would scared a blockchain technology . And now we're at a situation where VentureCapitalFirms are buying up the ICO's before they even get to the public.

Goldman backed startup Circle buys Poloniex Cryptocurrency Exchange. This gives Goldman big time exposure to the cryptocurrency market, and ofcourse considering that Poloniex is one of the world's topest changes gives them a lot of cloud in the business. Again they wouldn't buy that if they didn't think that cryptocurrency had a bright future.

Grayscale launches cryptocurrency investment trust. Grayscale investment has lanched four new investment products- Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust, and XRP Investment Trust.
This is added on to their already existing basket of different investment opportunities in cryptocurrency and allowing people to invest without physically having to hold the cryptocurrency.

GMO this is the Japanese company that is getting big into Bitcoin mining. now they've just entered the Bitcoin market and they already have Millions of Dollars . They're aiming to have a big slice of the bitcoin mining high by the end of the year. It invested again Millions upon Million's of Dollars. They would not be doing that if they didn't think that the Bitcoin had a very exciting future.

The future for cryptocurrency I think is very exciting. I know there're a lot of people out there who don't like to see cryptocurrency is been traded as index funds or the VentureCaptialFirm buying all the stuff. but this means that the more we getting real acceptance now from companies that work for years scared of cryptocurrency, dubious about the ICO process and all this different things.