Blockchain Capital Closes ICO – $10 Million in Six Hours Raised in Record Time

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Blockchain Capital has closed its ICO after a mere six hours having reached its $10m target in record time.

The BCAP Tokens are an Ethereum-based smart contract digital token representing an indirect fractional non-voting economic interest in Blockchain Capital III, Digital Liquid Venture Fund, LP. The BCAP Tokens are expected to be issued by Blockchain Capital TokenHub Pte. Ltd., an indirect wholly-owned subsidiary of Argon Group Holdings on May 10, 2017.

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The BCAP tokens were offered on a limited basis to a maximum of 99 accredited US investors under exemptions from registration with the U.S. Securities and Exchange Commission pursuant to Regulation D, Section 506(c) and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), and the rule promulgated thereunder. Only accredited investors within the US and non-US persons outside of the US will be eligible to purchase BCAP tokens. See www.vctoken.com for more details.

Blockchain Capital is the premier venture capital firm investing in Blockchain technology companies. Launched in 2013, Blockchain Capital’s initial fund was the first venture capital fund dedicated to the Bitcoin / Blockchain ecosystem, and was also the first fund to accept capital calls in Bitcoin. Blockchain Capital is a sector specific, multi-stage, venture capital firm that seeks to gain diverse exposure to the Blockchain ecosystem while offering unique co-investment opportunities and proprietary deal flow to its investors. The firm was founded by Bart Stephens, Brad Stephens, and Brock Pierce. For more information, please email contact@Blockchain.capital, follow @Blockchaincap, visit www.Blockchain.capital.

The Argon Group is an investment bank with a focus on digital finance – the emerging crypto-currency and token-based capital markets. The Group provides financial advisory, placement, and technology services to companies seeking to raise equity, debt, and non-dilutive capital. The Group develops technical placement solutions, including digital tokens powered by advanced smart contracts, which Argon operates through a digital asset placement platform called TokenHub.com. For more information, please email info@argongroup.com, follow @theargongroup, visit the website www.argongroup.com

About Richard Kastelein

In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ' The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write.

Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the EuropeanCommission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.

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