It’s been a busy few months for the global investment company buckingham.
It announced the launch of the global “Ring of Wealth” fund earlier this year, aiming to take on the likes of BNP Paribas and UBS.
It’s also been putting its money into some of the hottest new ventures.
It recently invested $10 million into Blockchain startup Chain, and is now funding a new cryptocurrency exchange that aims to bring the market closer to a bitcoin-like system.
It also announced the purchase of a second US bitcoin exchange, Coinbase, for $1 billion.
It was founded in 2014, and the firm has already taken on a number of high-profile clients, including Apple, Google and Amazon.
But buckingham is not only a global fund manager.
It is also a provider of bitcoin and blockchain tech solutions.
And it has also attracted some serious attention in the tech space.
“The market is looking to buckingham as the best place to go to learn about blockchain and bitcoin,” says Paul Meehan, the head of technology at startup ConsenSys.
Meehans co-founded the firm with three other Buckingham employees, including former Microsoft executive Tom Lutgens.
They set up the firm in 2014 to develop a software solution that would help startups with scaling, but the firm was soon hit with a number: it was bought by a German investment firm, and by early 2018 it had been forced to suspend operations due to a string of high profile corporate mergers.
But in January 2019, the firm announced that it had raised another $100 million from a pair of angels, including an unnamed European VC.
“In a market dominated by big technology companies and VCs, buckingham has managed to get the ball rolling in the right direction,” Meehart told TechRadars.
“It is really exciting and a very exciting opportunity.”
The firm is also investing in the new Bitcoin ETF, the first such investment in the market since it was launched in 2017.
“We see the opportunities for bitcoin as a whole in the broader crypto-economy and the opportunities are endless,” Mowhan says.
“I think bitcoin will be one of the biggest trends in the next few years.”