Proof of Capital: A New Blockchain Venture Fund Worth $50 Million

Proof of Capital

A brand-new blockchain-focused venture capital fund announced Proof of Capital has been established by a group of investors. The propose of the $50 million USD fund is to encourage greatly adoption of blockchain technology.

Blockchain Venture Fund: Proof of Capital

The brand-new store has been founded by three collaborators: Phil Chen, Chris McCann, and Edith Yeung.

It will invest in early-stage startups that are involved in blockchain technology. The radical has highlighted various areas of the blockchain ecosystem that it is looking to back, including remittances, detention, wallets, security, and identity.

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