Billionaire tech investor Peter Thiel bets on crypto start-up Block.one

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  • PayPal co-founder and early Facebook investor Peter Thiel was a part of Cayman Islands start-up Block.one’s most recent funding round announced Monday.
  • The company raised a record $4 billion this year to fund its blockchain platform EOSIO through an ICO, outdoing the world's biggest initial public offerings on stock exchanges this year.
  • Bitmain, a Chinese start-up that dominates the bitcoin "mining" industry, also participated in the funding round.

Published July 19, 2018

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