Hedge Funds, Venture Capitalists Invest $28M in Chinese Startup to Make Blockchain Accessible

2018-7-19 23:50

Several cryptocurrency-focused hedge funds and virtual capitalists have invested $28 million on a Chinese startup that builds a next-generation network for enterprises.

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Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment

Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup.

2018-6-22 21:43