BitCoin invester unveils portfolio companies

Jan 27, 2014
Austin Business Journal

- A fast-growing Bitcoin incubator said Thursday it has invested $7 million in 12 Bitcoin-based businesses since May

- Incubator BitAngels, which has an office in Austin, unveiled its business strategy focused solely on early-stage startups with Bitcoin-based revenue models

- Investments included Bitcoin layer "MSC Protocol," Bitcoin payment platform GoCoin, Seasteading incubator Blueseed, Bitcoin instant exchange Cash Into Coins, and Austin-based Bitcoin mining hardware company CoinTerra Inc

- Bitcoins are a digital currency, or crytptocurrency, based on an open-source protocol

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