Huiyin Grows Blockchain Startup Fund to $80 Million

Huiyin Grows Blockchain Startup Fund to $80 Million

Two months after it first announced a $20m fund that would focus exclusively on bitcoin and blockchain startups, Huiyin Blockchain Venture is doubling down on its commitment. The China-based investment firm, a subsidiary of investment conglomerate Huiyin Group, revealed to CoinDesk that the fund has now collected a total of $80m, which will be placed strategically into startups. A representative for the firm indicated that Huiyin Blockchain Venture is now considering investments in companies looking for seed-stage and Series A and B investments, with a wide focus on the companies that....


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Quotes

[I’ve been working on Bitcoin] since 2007. At some point I became convinced there was a way to do this without any trust required at all and couldn’t resist to keep thinking about it. Much more of the work was designing than coding. Fortunately, so far all the issues raised have been things I previously considered and planned for.

Satoshi Nakamoto, Bitcoin Developer