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Sequoia Capital, IDG to Invest in Bitmain
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Sequoia Capital, IDG to Invest in Bitmain

Sequoia Capital, IDG to Invest in Bitmain

Fintech Nexus Staff·
Asia/PacFintechNews Roundup
·Sep. 5, 2017·1 min read

Sequoia Capital and IDG Capital are investing in Bitmain, the world’s largest bitcoin mining company; Bitmain is seeking $50 million in funding to expand its artificial intelligence capabilities, after previously focusing on developing chips for mining; Bitmain claimed in August that the company is at a $1 billion valuation, and is planning an IPO. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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