Factor Capital Management Launches - Targets 30M Venture Fund I to Invest in Blockchain Technology Startups
The fund aims to invest up to $30m in seed-stage startups that leverage blockchain technology to solve real-world problems.
- The fund aims to invest up to $30m in seed-stage startups that leverage blockchain technology to solve real-world problems.
- Venture Fund I is backed by a group of investors, including GSR Markets , Theta Capital Management , executives from Two Sigma Investments, and the founders of Multicoin Capital, Lattice Capital, and Cosmos Network, amongst others.
- Blockchain technology has promised to change the way we conduct business by introducing trustless efficiencies in archaic analog systems.
- While the early applications of blockchain technology were often associated with cryptocurrencies and speculation, the technology has come a long way since its inception.