Express

Fenbushi Capital Has Announced a $15+ Million USD Investment Fund in Collaboration With Protocol Labs

Amy Liu

Summary: According to an announcement by Filecoin today, in collaboration with Protocol Labs, Fenbushi Capital has announced a $15+ million USD investment fund in the IPFS and Filecoin ecosystem. The mission of the fund is to drive the growth of the IPFS and Filecoin ecosystems. Fenbushi Capital will be responsible for all aspects of financial management ...

According to an announcement by Filecoin today, in collaboration with Protocol Labs, Fenbushi Capital has announced a $15+ million USD investment fund in the IPFS and Filecoin ecosystem. The mission of the fund is to drive the growth of the IPFS and Filecoin ecosystems. Fenbushi Capital will be responsible for all aspects of financial management relating to the Fenbushi Ecosystem Fund and Protocol Labs will undertake a technical advisory role. The fund has a 2% per annum management fee and charges 20% interest while the terms are 5 years.

By Amy Liu

Last Update:

Tags: ,,
Link: Fenbushi Capital Has Announced a $15+ Million USD Investment Fund in Collaboration With Protocol Labs   [Copy]
Next:

Related Articles

  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 10 hours ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago

    • You need to login to comment.