Korean crypto investment company launches $120 million fund for blockchain projects
Cointelegraph
Published Dec 23, 2020 01:32PM ET
Updated Dec 24, 2020 03:40PM ET
Hashed, one of South Korea’s largest crypto asset fund managers, has raised $120 million to fund new blockchain ventures in the so-called “protocol economy.”
The funds were raised via Hashed Ventures Inc., a new entity that will oversee the deployment of the nine-figure investment. The company has yet to disclose its backers, though a spokesman indicated that some of South Korea’s largest IT companies are involved.
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Written By: Cointelegraph
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