Basis, the creator of a stablised cryptocurrency, has secured funding in a private placement that included GV, through a SAFT offering.
Basis, the US-based developer of a cryptocurrency designed to be stable, secured $133m today in a private placement featuring GV, a corporate venturing subsidiary of internet technology conglomerate Alphabet.
The investors also included Bain Capital Ventures, the venture capital arm of private equity firm Bain Capital, as well as Lightspeed Venture Partners, Foundation Capital, Andreessen Horowitz, Wing VC, NFX Ventures, Valor Capital, ZhenFund, INBlockchain, Ceyuan Ventures, Sky9 Capital and angel investors Stanley Druckenmiller and Kevin Warsh.
Those investors, revealed by…
