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Htc Executive Launches $50M Vc Fund For Blockchain Startups

by financemagnates.com posted 4months ago 19 views
The fund also partnered with HTC to allow its portfolio firms access to the phone manufacturer's technology. : A new $50 million venture capital fund, called Proof of Capital, has been launched to back early-stage blockchain companies. According to a TechCrunch report published on Wednesday, the fund is being led by three industry experts – Phil Chen, an HTC executive who is in charge of the company’s blockchain phone Exodus, Edith Yeung, a partner at 500 Startups, and Thiel fellow Chris McCann.

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