$200m Fund Launched by Crypto.com for Crypto Start-ups.
$200m Fund Launched by Crypto.com for Crypto Start-ups. Coinsdesk has stated that Crypto.com is initiating a $200 million fund to put in crptyo startups.
In order to lead by example, the headquarters of Crypto-currency in Hong Kong has revealed the inauguration of a novel business arm Crypto.com Capital.
The Headquarter of Crypto-currency in Hong Kong has mapped out a total sum of $200 million for the Crypto.com Capital and the aforementioned sum is majorly for projects at seed and series A stages and start-ups.
The co-founder and the current arm’s chief of Crypto.com in the person of Bobby Bao, the start up for the Crypto.com Capital will be premised on Crypto.com Capital to hasten and provide both access and capital to world user base
The Venture arms of Crypto exchanges is not outlandish, in the sense that Binance, Blochain.com and Coinbase all had business sections for years.