Credit: Taylor Soper, Geekwire
The world of cryptocurrency looks a lot like the wild west right now. In just the past week, Google announced that it would ban all cryptocurrency-related advertising, following in Facebook’s footsteps. That came a few days after news surfaced of cryptocurrency scammers who made off with more than $2 million. Meanwhile, the value of the world’s digital coins fell by $60 billion — in one day.
The company today announced a $1.625 million seed round from a diverse set of investors ranging from top VC firms to NFL players. Liquid 2 Ventures, a San Francisco firm co-led by NFL Hall of Fame quarterback Joe Montana, led the round. Founders’ Co-op, Future/Perfect Ventures, and 9Mile Labs also participated, along with several angel investors, including Seattle Seahawks wide receiver Doug Baldwin, Chris McCoy, Kirby Winfield, and Steve Hall.