Share this article
'Blockchain Revolution' Author Launches $20 Million Digital Asset Investment Firm
Alex Tapscott, co-author of a noted book on blockchain, has launched a new digital asset investment firm backed by $20 million in funding.
By Stan Higgins
Updated Sep 13, 2021, 6:47 a.m. Published Jul 31, 2017, 9:59 a.m.
Make us preferred on Google
Alex Tapscott, the co-author of the book "Blockchain Revolution," is today launching a new digital asset investment firm backed by $20 million in financing.
Called NextBlock Global, the new firm will focus on investments in the digital asset space. In statements, the fund's backers described the round as oversubscribed – a perhaps unsurprising state of affairs given recent interest from investors in vehicles tied to the blockchain industry.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Tapscott, who penned "Blockchain Revolution" with his father Don Tapscott, said in a statement:
"We saw tremendous demand from institutional and strategic investors who are looking to get exposure to this new asset class. NextBlock will immediately begin to deploy capital, giving investors diversified exposure to the most promising investments in this space."
NextBlock Global joins a growing body of ventures aimed at capitalizing on growing interest in blockchain-based assets. As reported by CoinDesk, the operators of a regulated, Jersey-based bitcoin fund earlier this month closed a new $5 million fund aimed at investing in blockchain tokens and initial coin offerings (ICOs).
Other investors, including some long-time backers in the bitcoin space, have sought capital to invest in the ICO space. CoinDesk's Q1 State of Blockchain report noted that, in a first, more money has been invested in blockchain projects by way of ICOs compared to traditional venture capital this year.
Although it's not immediately clear which projects NextBlock will move to back, Tapscott suggested that the firm may cast a wide net as it looks for opportunities in the space.
"This is only the beginning," he said.
Image courtesy of Don and Alex Tapscott
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Here's what bitcoin bulls are saying as price remains stuck during global rally
It's about a lot more than "zooming out." Supply overhangs and investor "muscle memory" regarding gold help explain bitcoin's poor absolute and relative performance.
What to know:
- Bitcoin has failed so far to act as an inflation hedge or safe-haven asset, lagging badly behind gold, which has surged amid high inflation, wars, and interest rate uncertainty.
- Crypto advocates argue that bitcoin’s weakness reflects a temporary supply overhang, investor “muscle memory” favoring familiar precious metals and its correlation with risk assets, rather than a collapse in long-term demand.
- Many bitcoin proponents still see BTC as a superior long-term store of value and “digital gold,” predicting that, once traditional hard assets are overbought, capital will rotate into bitcoin, allowing it to “catch up” to gold.
Top Stories
