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Daiwa Securities And Digital Garage Jointly Set Up $110 Million Fund To Invest In Blockchain

Amy Liu

Summary: Digital Garage and Japanese investment and securities giant Daiwa Securities announced today that they will work together to set up a fund worth about 12.5 billion yen ($110 million). The fund will be used to invest in emerging companies with next-generation technological advantages, such as domestic and foreign startups that target technologies in blockchain, artificial ...

Digital Garage and Japanese investment and securities giant Daiwa Securities announced today that they will work together to set up a fund worth about 12.5 billion yen ($110 million). The fund will be used to invest in emerging companies with next-generation technological advantages, such as domestic and foreign startups that target technologies in blockchain, artificial intelligence (AI) and biotechnology. DG Daiwa Ventures, co-founded by the two companies, will be qualified to manage the fund.

By Amy Liu

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