You are here

SparkLabs launches SparkChain Capital, a $100 million fund for blockchain and cryptocurrency startups

Above: SparkChain Capital website

Blockchain is one of the biggest tech buzzwords in recent times, with markets including musictravel, and car-sharing slowly succumbing to blockchain’s allure. Then there are cryptocurrencies such as bitcoin and ethereum, which are now pretty much synonymous with blockchain technology.

Against this backdrop, a new $100 million fund has been set up to invest in early-stage companies operating across the blockchain and cryptocurrency spectrum. SparkChain Capital is a new venture courtesy of SparkLabs Group, a company that operates a network of accelerators across Asia, as well as a duo of VC funds.

Read Complete Article