Agnc Investment Corp. (NYSE:AGNC) is a venture capital firm focused on investing in blockchain technology, and has raised over $100 million in private funds.
The firm is also looking for venture capital for the next phase of its business, and it’s seeking investors who are “focused on building their own blockchain.”
Agnc is also a partner with Coinbase.com, a bitcoin wallet provider.
The company is now working with the SEC to secure its initial public offering (IPO).
It’s worth noting that the SEC hasn’t officially announced a public listing yet.
What is Agnc?
Agnc’s CEO, Dan Mascagni, was one of the founders of BitLocker, the company that built a secure cloud storage service.
In 2013, he cofounded Agnivore, an early blockchain company that was one step closer to becoming the first publicly listed blockchain company.
After joining Agnovore, he built Agnocoin, the first blockchain startup, and Agnaccin, the next blockchain startup.
The Agnc team has also raised $100,000 from angel investors.
Agnc invested $1.5 million into BitLocks and has invested in other blockchain startups.
As an investment bank, Agnc has made several investments in companies that are currently growing or expanding.
Among those investments are the new Agnnc Capital fund.
AgnNC has also partnered with two other firms: Agnascan and BitLion.
The latter is a decentralized cryptocurrency exchange, backed by the Chinese government.
Agnec Capital has made a series of investments in blockchain companies, including a $1 million Series A round in Ethereum, which raised $1 billion.
Agnuacom, a blockchain data storage company, raised $25 million in a Series A funding round last year.
The first blockchain-based smart contract platform, Aclo, is currently the first public Ethereum blockchain to go live.
Agneco, another blockchain startup in China, has raised $3.6 million in Series A rounds.
The next blockchain-centric company to go public is Blockchain Capital, which was founded by a former Agnc partner, Nicky Wong.
The startup raised $11 million in funding in February.
In the past, Agnccos investment arm has also made a number of investments that have resulted in private companies.
In June, AgnecCapital bought Blockstream, a decentralized data storage service that it is currently building.
Blockchain Capital raised $15 million in the same round last month.
Agnaco, a new company that launched in March, has invested heavily in blockchain startups including Chain, a startup focused on building a decentralized digital wallet, and BitPay, a payment processing platform that is currently in beta.
Agni has also invested in Blockstack, a digital asset exchange that is developing blockchain technology.
Blockchain is also one of Agncs main businesses, and in April, it announced that it was acquiring the technology and services of its data storage business, Databricks, for $100.