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.