Electric Capital is a crypto asset management firm, started by technology entrepreneurs, engineers, and successful investors. They have invested in tokens that are Programmable Money, both liquid and illiquid tokens that are emerging stores of value and rooted in novel technology. Prior to Electric Capital, they started six companies (five acquired), invested in over 100 technology startups with a cumulative market cap in the tens of billions, and served as executives at technology companies such as Facebook, Google, and Twitter. They have been investing in cryptocurrencies since 2013, and were early believers in Bitcoin, Ethereum, and Monero.
Sharplink Co-CEO and former Blackrock executive Joseph Chalom stated that Ethereum has over 900,000 validators and over 1 million developers, possessing a decentralization advantage that Solana cannot match. Data from Electric Capital shows that 1,012,824 developers have contributed code to Ethereum, with approximately 232,000 remaining active over the past 12 months. Chalom noted that Solana has fewer than 800 validators, with 92% running on the same client. Data indicates that Sharplink held 886,725 ETH as of late June. (Bitcoin.com News).
Bitcoin
Bitcoin.com
Ethereum
June
Solana
According to official announcements, Legend, a decentralized exchange protocol, has completed a $3.5 million seed funding round led by Electric Capital, with participation from Amber Group and GSR. Its total funding has now exceeded $5 million.
Amber Group
GSR
Legend
Legend