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EOS rumored for new wave of investments from Bitmain and billionaire Peter Thiel

Tuesday, July 17, 2018 by Piyush Suthar | Comments

Home News Tech EOS rumored for new wave of investments from Bitmain and billionaire Peter Thiel

Rumors of yet another Block.one funding round have surfaced, reports Bloomberg. This one is said to be headlined by Peter Thiel, the tech billionaire who co-founded PayPal. His latest move confirms that he has ultimately backed another cryptocurrency: EOS. Besides PayPal, Thiel is mostly known for his super-early investment in Facebook in 2014, when he acquired a 10 percent stake for $500,000. This was to be the first outside investment into Facebook Inc. Since then, he’s sold most of his shares, the profits adding up to over $1 billion. As specifics are scarce, it was not mentioned whether this a…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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