Billionaire Peter Thiel-backed Venture Fund Invests in Bitcoin Broker For Institutional Investors
Billionaire Peter Thiel’s Founders Fund is set to invest in Tagomi Systems Inc., a new bitcoin trading firm. This news was revealed by a couple of unnamed sources with insider information regarding the investment. Tagomi is a bitcoin trading platform with lofty ambitions. The startup wants to be the leading bitcoin broker-dealer for the institutional bitcoin investment class. The company is co-founded by Greg Tusar who is a former Goldman Sachs executive. No official word has been given as to the size of fund’s investment in the startup company, but Tagomi has reportedly raised over $15 million in funding.