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Nextblock Global Ltd. completes C$20M convertible debenture private placement

Date: 7/31/2017

Value: C$20 million

On July 31, 2017, NextBlock Global Limited, a cutting-edge venture capital company, announced that it has raised approximately C$20 million in its first round of financing. NextBlock will invest in crypto-currencies, blockchain hosting platforms and blockchain-based applications. NextBlock is one of the first entities in the world through which investors will be able to invest in a cross-section of blockchain-based digital assets.

BLG represented NextBlock with a team led by Andrew Bunston that included Manoj Pundit, Laura Costen and Andrew McLean.