Three Chinese firms to set up $1B blockchain investment fund

Three firms in China have introduced a blockchain investment fund, that aims to have a size of $1 billion.

The fund, dubbed “Global Digital Bank Consortium Blockchain Investment Fund,” is launched by fintech firm HDFH, venture firm Zhongguancun Private Equity & Venture Capital Association (ZVCA) and Yillion Bank, according to an announcement Monday.


Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy