Eight students at Miami University of Ohio have jumped into the crypto-craze. The students, including one recent graduate, launched Block Key Capital (BKC) in March of 2018. In an interview with The Block Tribune, they described BKC as “a thesis-driven investment firm operating in the cryptoasset and blockchain industry.”
Block Key Capital’s founding members have played a crucial role in putting Miami University of Ohio on the map for blockchain education and development. In August of 2017, members of the BKC team co-founded the Miami University Blockchain Club (MUBC) – a blockchain education network of over 190 college students.
Patrick Young – President of MUBC and Managing Partner of Block Key Capital – commented on the emerging technologies. “Cryptocurrency, blockchain, and distributed ledger technology are poised to radically transform many aspects of our lives,” Young said. “As a firm, we aim to give clients exposure to a wide array of lesser-known cryptoassets in the space whilst employing industry-leading security measures and market research. In this way, Block Key Capital has positioned itself at the forefront of this technological revolution.”
The team has a proven track record, with over 20 years of combined experience in blockchain development, cryptoasset trading, and secure asset storage. Moreover, the team has developed in-depth theses for each investment in their portfolio, illustrating a clear understanding and a great passion for this rapidly expanding space.
When asked about the current and future impact of blockchain, Kyle Freiman – General Partner and Research Analyst at Block Key Capital – cited advances in the technology, such as smart contracts. “Smart contracts not only enable the unparalleled ability to raise funds through initial coin offerings, but they have the ability to replace middlemen by executing encoded agreements in a completely trustless way,” he stated.
Block Key Capital is among a handful of recent blockchain and cryptocurrency startups launched by university students. As reported by Bloomberg on April 20th, four Harvard students recently launched Plympton Capital – a hedge fund investing in cryptoassets.