April 11, 2018

Ripple Invests $25 Million of XRP in Blockchain Capital Fund

Ripple has invested $25 million worth of its XRP token in Blockchain Capital’s Parallel IV venture fund, the startup announced on Wednesday.

The firm’s fund is the first to accept capital calls in cryptocurrency.

“Blockchain Capital is the premier fund for any project looking to get off the ground in the blockchain space,” Patrick Griffin, Ripple’s senior vice president of strategic growth, said in a statement.

“They have a proven track record for finding and funding the projects that matter.”

Last month, Blockchain Capital announced that it had raised $150 million dollars in its fourth funding round, and said the proceeds came in the form of $125 million to its IV LP fund, and $25 million worth of cryptocurrency for its Parallel Fund IV, but it did not identify the cryptocurrency at that time. Ripple’s Wednesday announcement reveals that the cryptocurrency in question was XRP.

The companies said the investment will be used to fund blockchain startups in addition to exploring new uses cases for its XRP ledger and Interledger Protocol.

“Whether it’s using XRP, bitcoin or just the underlying technology, our goal is to find the best projects and give them the resources to be successful companies that deliver value to customers for the long term,” Bart Stephens, co-founder and managing partner of Blockchain Capital, said in a statement.

XRP coins image via Shutterstock

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Published at Wed, 11 Apr 2018 18:40:56 +0000

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CrypViser and ChronoBank – Efficient Collaboration!

On the 7^thof July 2017, the innovative encrypted messenger CrypViser is launching a collaboration with the wide-ranging Blockchain project ChronoBank! Crypviser will now be accepting ChronoBank TIME tokens for payments until the end of its ICO on June 30^th.

[Note: This is a press release.]

Crypviser is pleased to announce the launch of its collaboration with Chronobank. Until June 30th, users who join Crypviser’s ICO will be able to make payments with ChronoBank TIME tokens. Vadim Andryan, the founder of CrypViser, believes that cooperation with ChronoBank will encourage the development of the project in addition to creating new opportunities for the whole community and investors.

The first encrypted messenger – CrypViser – announces new opportunities during the ICO

On September 2nd, the official launch of the Crypviser network will take place. At that moment all new participants of ChronoBank and CrypViser will be granted exclusive early-bird access to the messenger service. Prior to this, users will also be able to take part in Crypviser’s bounty campaign.

In addition, members of Chronobank and CrypViser will have the opportunity to make in-app payments for the messenger’s services using TIME tokens.

CrypViser, together with ChronoBank, is a resource that prides itself on being sustainable for market integrations, with their integrated use of Blockchain enabling them to put security first.

Become a member now – Crypviser’s ICO is on-going!

Please note that only those participants who join CrypViser during the ICO will be guaranteed access to this new partnership with ChronoBank.

CrypViser’s ICO, which kicked off on May 20th, will continue until June 30th. During the crowdsale, the project will provide 10 million (10,000,000) CVCoins distributed among members. To participate in the CrypViser ICO please follow this link: https://ico.crypviser.net

ChronoBank.io is an ambitious and wide-ranging blockchain project aimed at remolding the HR/recruitment/finance industries.

Crypviser is a provider of a new generation of Blockchain-based automated cryptographic and encryption solutions for instant communication networks.

Images courtesy of Shutterstock

The post CrypViser and ChronoBank – Efficient Collaboration! appeared first on Bitcoinist.com.

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