Blockchain investor

Peter Thiel and Billionaire Jihan Wu’s Investment of Blockchain platform-Block.one

Blockchain platform Block.one is close to announcing a new fundraising round, bringing in Peter Thiel and Chinese billionaire Jihan Wu’s Bitmain Technologies Ltd. as new investors.

The investment from Thiel and Wu comes after Block.one finished the world’s biggest sale of cryptocurrency tokens for $4 billion in May. In the transaction, often described as initial coin offering, Block.one sold so-called EOS tokens, the fifth-most valuable cryptocurrency according to data from Coinmarketcap.com.

Block.one, co-founded in 2016 by Brendan Blumer and Daniel Larimer, counts investors including Michael Novogratz and fintech investor Christian Angermayer, who co-invests with Thiel in a range of technology firms including Deposit Solutions and Nextmarkets GmbH.

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