Shenzhen government launches $79m blockchain fund
The government of Shenzhen has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Star Capital and Donghai, two investment funds backed by the State-owned Assets Supervision & Administration Commission (SASAC), will co-manage the fund, according to an announcement in local media. The...
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