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Bixin Ventures Launches $100 Million Proprietary Capital Fund To Support Blockchain Ecosystem
Summary: Bixin Ventures has launched a $100 million proprietary capital fund to support the global blockchain ecosystem, according to a recent announcement. Bixin Ventures announced a $66 million proprietary fund earlier in 2020 with the goal of enabling hedge funds and liquidity providers to strengthen the global liquidity framework in Bitcoin markets, with qualifying fund recipients satisfying fully denominated ...
Bixin Ventures has launched a $100 million proprietary capital fund to support the global blockchain ecosystem, according to a recent announcement.
Bixin Ventures announced a $66 million proprietary fund earlier in 2020 with the goal of enabling hedge funds and liquidity providers to strengthen the global liquidity framework in Bitcoin markets, with qualifying fund recipients satisfying fully denominated BTC criteria.
Bixin Ventures has invested in projects including Microbit, xDai, Algorand, Nervos, Arweave, Conflux, Certik, and Marlin. Bixin Ventures is based in Hong Kong and runs a mining service accounting for roughly 2 percent of the global Bitcoin network. Bixin Wallet also has over 1 million retail users.
By Emily Mason
Tags: Algorand,Arweave,Bixin Ventures,Blockchain Investment,Certik,Conflux,Microbit,Nervos,venture capital,xDai
Link: Bixin Ventures Launches $100 Million Proprietary Capital Fund To Support Blockchain Ecosystem [Copy]
