Bitcoin.com launches $ 200M Bitcoin Cash investment fund

Bitcoin.com launches $ 200M Bitcoin Cash investment fund

World's First Bitcoin Cash ETP Opens on the SIX Swiss Stock Exchange

Bitcoin.com, the Bitcoin-related company supported by crypto evangelist Roger Ver, plans to launch its $ 200 million Bitcoin Cash investment fund.

Ver announced this at a Bitcoin Cash meetup in London and posted a twitter message about it a day later.

The event was organized by global crypto wallet Blockchain.com. The new Bitcoin Cash Ecosystem Fund will focus on payment solutions and financial services for Bitcoin Cash, an altcoin that originated from a Bitcoin hard fork in August 2017.

Fund used for payment solutions and wallets

According to official news, the details about the Bitcoin Cash fund have not yet been definitively disclosed, but it will make it possible to invest from private investors. The fund will invest in payment solutions, payment processes, wallets and solutions for retailers.

Bitcoin.com’s new CEO, Stefan Rust, has indicated that more than twenty investors have been found from the crypto industry. These twenty share the vision of Bitcoin.com and are interested in investing in the project, in addition to Bitcoin.com itself.

Bitcoin.com is working hard

What originally started as a website that shared information and news updates about Bitcoin and Bitcoin Cash, has since grown into a service provider of various payment services for Bitcoin and Bitcoin Cash. This also includes wallets and even your own crypto exchange. The company behind the website has gradually started to develop and offer more services since the domain came into possession of Ver in 2014.

Bitcoin.com launched its own digital exchange in September this year. They enable users to trade different cryptocurrencies, including Bitcoin, Bitcoin Cash, Ripple, Litecoin and EOS, in addition to a number of other coins.

About Shawn Morrison 266 Articles
One of the founders of BitzArena. Active with crypto currency since the rise of the bitcoin. Loves the innovative character of crypto and blockchain technology, and follows developments in the market closely. Likes to connect technology with business, and likes to make difficult concepts accessible to a wide audience.

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