We are always on the lookout for potentially rewarding cryptocurrency exposures and, especially over the last six months or so, as the industry has exploded, we have tried to find allocations that offer traders and investors an exposure to the space without them having to buy bitcoin as an underlying asset. BLKCF Daily ChartThere remains security and storage concerns associated with this latter sort of direct exposure and, not surprisingly, many of the more traditional market participants would rather pick up shares in a publicly traded company that moves in line with the bitcoin price through their standard brokerage as opposed to overreach and risk buying (and losing) bitcoin itself.We've highlighted a few winners so far and, this week, we have just found another one – GLOBAL BLOCKCHAIN COM NPV (OTCMKTS:BLKCF).The company, which was previously known as Carrus Capital Corporation, changed its name to Global Blockchain just this month and has pivoted to focus its investment strategy on companies in the bitcoin and blockchain spaces.The idea is that Global Blockchain will invest in various companies in the aforementioned spaces and, concurrent to constructing a portfolio of company exposures, will also take a position in various established cryptocurrencies (so, bitcoin, Ethereum and Litecoin as a likely starting point).This means that there is an element of balance within its portfolio that offers the company (and, by proxy, its shareholders) exposure to both the underlying currency and some of the entities in the sector that are driving the establishment of an industry infrastructure in anticipation of mainstream adoption going forward.So that's the exposure type, but what is really exciting about this one is the team that is behind the company.Steven Nerayoff is Chairman. He served as a senior advisor to Ethereum and Lisk, driving pre-ICO activity in both, and he created the initial legal framework and co-drafted the crowdsale model which set the standard for all other crowdsales to follow. In other words, he wrote the book on the ICO model that's generating billions of dollars in startup capital right now.Rik Willard is CEO and he founded the Silicon Valley Blockchain Society. He's also an advisor to the Luxembourg government on cryptocurrency adoption and mainstream blockchain integration.Michael Terpin, the guy who started and sold MarketWired to NASDAQ for $200 million, is an advisor. As is Jim Rogers, one of the most well known and well-respected names in the commodities markets who is a frequent Washington Post and New York Times contributor.There are more, but we don't want to inundate readers with name drops right now. For those interested, there's a full list of the team behind this one available here.The point we are trying to get across is that this is a space that, at present, is littered with companies trying to claim some sort of tenuous link to the cryptocurrency space in an attempt to draw speculative capital from investors seeking public market exposure to bitcoin and blockchain. This makes it difficult to separate the wheat from the chaff and has translated to some considerable volatility across a number of the major players in this sector (those that are publicly traded, that is) over the last few months.With Global Blockchain, however, things are different.This is an investment fund type company that's led by some of the biggest and strongest names not just in the bitcoin space but in the financial markets space as a whole and this affords the company a status to which many of its peers fail to lay claim.It's not without its risks, sure. This is a volatile market right now and near term, we could see some roller coaster action. Longer term, however, this one looks like a strong play in a nascent but very promising space.We will be updating our subscribers as soon as we know more. For the latest updates on BLKCF, sign up below!Image courtesy of Mike Seyfang via FlickrDisclosure: We have no position in BLKCF and have not been compensated for this article.
Discover Hidden Gems
Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.
