Why Swedish Bank SEB Backed its First Bitcoin Startup


SUBMITTED BY: cyberlink

DATE: Aug. 5, 2016, 4:39 p.m.

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  1. The investment branch of Sweden's SEB Group has been investing in what it calls "deep technology" startups for over 20 years.
  2. Since 1995, it has been investing in a wide range of startups through SEB Venture Capital, including management app Tink and post-trade securities startup Information Mosaic. In 2010, CA Technologies purchased SEB investment Arcot for $200m, and in 2014, Cisco purchased SEB investment Tail-f for $175m.
  3. Read Full: http://www.coindesk.com/seb-bitcoin-startup-swedish-bank-investment/
  4. #Bitinfo

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