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Blockchain Capital flagship fund finishes 2019 up 12%
UPDATED: January 8, 2020, 9:04AM EST
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://www.theblockcrypto.com/" target="_blank">The Block</a></span></span></span>
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Quick Take
- The net asset value of Blockchain Capital’s BCAP security token closed the year up more than 12%
- The token represents equity and token positions, including those in Ripple and Coinbase
- The firm says performance was dragged down by a down Q4, driven by Circle
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BCAP, the token representing Blockchain Capital’s Liquid Venture Fund, closed 2019 up 12.3%, according to a client update reviewed by The Block. The fund, which was tokenized by Blockchain Capital in 2017, represents positions in major crypto companies like Kraken, Coinbase, and Ripple. Since inception, BCAP’s net asset value has appreciated 238.2%. In 2019, however, […]
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