Consortium of Swiss Investors Launch Blockchain Incubator with $100 Million Goal

Cointelegraph

Published Sep 20, 2018 07:03PM ET

Updated Sep 20, 2018 07:21PM ET

Consortium of Swiss Investors Launch Blockchain Incubator with $100 Million Goal

Switzerland-based consortium Crypto Valley Venture Capital (CV VC) has launched a blockchain incubator with a $100 million goal, swissinfo.ch reported September 20.

CV VC has reportedly launched its initial incubator dubbed “Genesis Hub” in the canton of Zug, also known as Switzerland’s Crypto Valley. The Crypto Valley Association was founded as a government-backed consortium in March 2017, with the aim of “supporting the development of blockchain and cryptographic related technologies and businesses.”

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