Legendary Billionaire Investor Tim Draper invests in VeChain

Legendary Silicon Valley investor Tim Draper invests an undisclosed amount in the Crypto investors darling VeChain. This is a big news for VeChain, as it has started gaining the attention of many Billionaires around the world.

Tim Draper, who initially invested in Tesla,  is not a newbie in the world of Cryptocurrencies. He is known to buy thousands of Bitcoin when the price of Bitcoin was just $6 (source: CNBC ). He has also invested in many Blockchain startups including CoinLab, VerifyBTC, BitWall etc.

Tim Draper told CNBC reporter:

“We are living in a rapidly changing world and the arrival of the blockchain will change every aspect of our lives, just as the Internet reshaped the world.”

However, Tim emphasized The potential of the blockchain has not yet been mined to the maximum, but developers around the world are racing to take action to shape the future of the blockchain.

Blockchain companies, in general, have started attracting the attention of prominent investors. Mark Andersson ( another Legendary Investor ) is also known to actively study the blockchain space.

Update:

VeChain tweeted:

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.