Bitcoin and Blockchain equity crowdfunding site Bnk To The Future Ltd. (BnkToTheFuture) has passed the $10 million mark in funds raised as the site continues to attract both investors, and companies looking to raise funds.

Based in London, BnkToTheFuture offers an equity crowdfunding platform that allows users to invest in private companies starting from the equivalent of 10 euro ($11.18), but unlike others in the equity crowdfunded space, supports investments made in Bitcoin (they do accept credit cards as well), and caters exclusively for companies working in and around Bitcoin and related Blockchain Fintech startups.

Recent campaign successes include Bitcoin Capital, a Bitcoin related venture fund we covered in early June; after successfully raising $1.5 million on the platform, they have recently launched a second tranche for $5 million to invest further in the Bitcoin sector, including Bitcoin mining, currency speculation, and other Bitcoin and Blockchain related startups.

One of the better-known names who have used the platform to raise money is Cryptocurrency exchange service ShapeShift AG, who has raised over $1.8 million during its BnkToTheFuture campaign.

As we covered June 9, ShapeShift offers the first app of its kind on iOS that allows users to exchange Bitcoin for other cryptocurrencies, including DogeCoin, Litecoin, Namecoin and others, vice versa, or even between obscure digital currencies themselves currently supported by the service.

Also having used the service is Factom Ltd., another company we’ve written about previously that offers a Blockchain-based Land Registry Tool that allows Government’s to track land titles. The company had $1.1 million pledged in its first week.

“We are looking to give financial innovation a home to raise finance from investors interested in funding the future of finance.” BnkToTheFuture Chief Executive Officer Simon Dixon told SiliconANGLE by email.

Right time, right place

Interest in Bitcoin- and Blockchain-related companies is continuing to grow apace as the benefits they offer, particularly in fintech, become more widely known.

Equity crowdfunding isn’t necessarily a new idea, but this is the first platform we’re aware of that focuses specifically on this segment of the market, and from everything we can see they’re doing it well.

We can’t source the quote outside the company, but interestingly BnkToTheFuture claims the following quote comes from Sir Richard Branson, and it seems apt:

“I like the goals on BnkToTheFuture.com where everything is open and transparent and people can see what happens with their money.”

It will be interesting to see how well BnkToTheFuture goes in the years ahead as the Bitcoin and Blockchain market continues its upward growth.

image by  Zach Copley via CC