‘Teenage Bitcoin Millionaire’ Co-Founds $1 Million Investment Fund for Crypto Startups

The leaders of crypto payment app Metal Pay, Marshall Hayner and Erik Finman, are launching an investment fund. Dubbed Metal VC, the $1 million dollar fund will focus on micro and angel investments, primarily in early-stage companies involved in banking and decentralized finance. The fund will allow the startup to align with partners as it expands globally, according to Metal CEO Hayner. The Metal subsidiary closed its first deal last month, with an undisclosed stake in the Binance-backed startup Yellow Card, which provides a cash-to-crypto on-ramp for emerging markets. A week after…

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Bitcoin Investment Doesn’t Have to Be Complicated? See These 4 Benefits

When the co-founder of PayPal gives an endorsement, investors take notice. Bitcoin started out as an investment in which most people struggled to understand the mechanics and value. At its inception, the cryptocurrency’s only investors were technophiles ready to try out something revolutionary. Less than a decade later, Bitcoin has made huge strides in the investment universe and its value has soared to incredible heights. A $1,000 investment in Bitcoin in 2011 would be worth over $15,000,000 today — and it shows no sign of slowing down. In 2017 alone, Bitcoin has grown over…

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