Investors Including Tim Draper Invests $1.2 Million in Hedgy that Provides a Block Chain Hedging Product For Bitcoin Miners

Hedgy, Inc., a San Francisco, Calif.-based, Boost VC-accelerated startup, has launched a block chain-enabled, over-the-counter hedging product for commercial bitcoin miners. MegaBigPower, a Wenatchee, Wash.-based bitcoin miner, and Crypto Facilities, a London-based derivatives broker, will offer a smart contract for hedging bitcoin mining proceeds at a fixed price for delivery on a future date. In […]

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