TradeBlock Raises $2.8 Million From Andreessen Horowitz, FinTech Collective and others

Gareth Jones

July 17, 2014

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Gareth Jones

We are extremely thrilled to be joining a16z, our friends at Devonshire, Barry Silbert and others in helping Greg and Jeff build the gold standard in data, research and analysis for digital currencies and the underlying blockchain.

We see the potential for many assets traded over the blockchain,” Mr. Schvey said; not just currencies, but securities and contracts and such. “We continue to want to be the place people go to analyze that.” That dovetails with Addreessen Horowitz’s views on the subject, according to general partner Balaji Srinivasan. He described a sort of “Wall Street 2.0” where all manner of securities and assets are traded over cryptocurrency plumbing; these are the kinds of products that are often referred to as “smart contracts” that would be embedded in bitcoin’s blockchain.

http://blogs.wsj.com/moneybeat/2014/07/16/tradeblock-raises-2-8-million-from-andreessen-horowitz-others/