Bitcoin Equity Crowdfunding Site Completes Massive Raising Target

Bitcoin equity crowdfunding site Bnk To The Future has reached its $10 million fundraising goal and is still looking for investors and companies willing to invest.

Bnk To The Future, based in London, offers an equity crowdfunding platform where users can invest in private companies starting at €10 (about $11.18). Unlike other sites in this space, the site supports investing in Bitcoin (credit cards are also accepted) and caters to both Bitcoin-related companies and Blockchain fintech startups.

Recent activity also includes Bitcoin Capital, a Bitcoin-related venture fund that we invested in early June. After successfully raising $1.5 million on the platform, they recently raised a second round of $5 million to further invest in the Bitcoin space, including Bitcoin mining, currency speculation and a number of other Bitcoin and Bitcoin database-related startups.

One of the most notable companies to have used the platform to raise funds is cryptocurrency exchange service Shape Shift AG, which has raised $1.8 million in a campaign on the platform.

As we introduced on June 9, Shape Shift launched the first Bitcoin app on iOS, allowing users to exchange Bitcoin with other cryptocurrencies, including Doge Coin, Lite coin, Name coin and some other currencies, even if these currencies themselves have not yet figured out the relationship between each other, Shape Shift can also provide their exchange.

Also using the service is Factom Ltd., a company we mentioned earlier that provides a land registry tool based on a bitcoin database for governments to track land ownership. The company raised $1.1 million in the first week of its investment program.

“We want to give financial innovation a home where it can grow safely, so we are looking for investors who are interested in investing in the future of finance,” Simon Dixon, CEO of Bnk To The Future, said in an email to Silicon ANGLE.

Right time and right place

As Bitcoin and Bitcoin database-related companies bring in a steady stream of profits, people's interest in it is also growing, especially financial technology, which has begun to become widely known.

Equity crowdfunding isn’t a new idea, but this is the first platform we know of that’s focused on this area of ​​the market, and by all accounts, they’re doing a pretty good job.

Bnk To The Future itself uses a quote from Sir Richard Branson, the legendary CEO of Virgin Atlantic, and it seems pretty apt:

“What I like about Bnk To The Future is that they are transparent about everything and people can see what the site is doing with their money.”

As the Bitcoin and database markets continue to develop, it will be interesting to see how Bnk To The Future develops in the coming years.