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We spend a lot of time talking to current and prospective institutional users of cryptocurrencies at Everbloom. While there is great interest in digital assets, we also hear about the roadblocks preventing institutions from adopting crypto in a big way. The rest of this post is an overview of the biggest roadblocks.

Some context first. Last November, I gave a talk on this topic titled “Roadblocks for Institutional Adoption of Crypto”. The video of the talk is on Youtube and the slides are on SlideShare. They are also embedded at the end of this post. …

I am excited to announce a new chapter. After almost two years in the world of venture capital, I have started a new company along with my cofounder, Scott Pirrello. The company is Everbloom, and we are building a decentralized cryptocurrency exchange. Read more about it at “Everbloom: Who, What, Why?”.

The last few years have been a long journey that lead to this. Scott and I have known each other for several years, but my interest in blockchain dates back to the Bitcoin paper in 2008/09. …

Summary: this post focuses on the Investor Bulletin and Report of Investigation issued by the SEC in late July. I examine the meaning of the report, implications for ICOs, and thoughts for moving forward. Disclaimer: this is not investment advice, and I am not a lawyer.

Two weeks ago, the U.S. Securities and Exchange Commission (SEC) provided us with two pieces voicing their take on Initial Coin Offerings.

The first was the Investor Bulletin: Initial Coin Offerings. This was largely an educational article warning investors of precautions and possible downsides of investing in ICOs.

The second was the Report of Investigation Pursuant to Section 21(a) of the Securities Exchange Act of 1934: The DAO (PDF) along with an associated press release. …


Andrew Rollins

Co-founder of @EverbloomHQ, VC at Sigma Prime Ventures, Co-founder of @Localytics, Software Engineer, @andrew311,

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