Peter Thiel and Bitmain back Block.one

The round also included Chinese billionaire Jihan Wu’s Bitmain Technologies, Louis Bacon, founder of Moore Capital Management and fellow hedge fund big hitter Alan Howard.

The investment comes after Block.one wrapped the world’s biggest sale of cryptocurrency tokens for $4 billion in May. It also follows on from a round led by Christian Angermayer, Lansdowne Investment Company and Galaxy Digital’s Mike Novogratz.

“The EOSIO protocol is a great example of blockchain innovation. Its performance and scalability can meet the needs of demanding consumer applications and will pave the way for mainstream blockchain adoption,” says Bitmain’s Wu.

Elsewhere, Block.one recently announced that former CFO of Commonwealth Bank of Australia, Rob Jesudason, had been appointed Group President and that former Jefferies Asia CEO, Mike Alexander, will lead its EOS VC arm.