Roger Ver’s firm to set up $200M investment fund to boost bitcoin cash adoption

Quick Take

  • is planning to set up a $200 million investment fund next year
  • The fund is aimed at growing bitcoin cash (BCH) adoption rate 
  • It is targeting startups like payment gateways and remittance processors for investment, the firm backed by cryptocurrency investor Roger Ver, is planning to set up a $200 million investment fund to boost bitcoin cash (BCH) adoption.

The fund, dubbed “BCH Ecosystem Investment Fund,” will invest in and incubate payment-related startups that utilize the BCH blockchain and BCH, the world’s fourth-largest cryptocurrency at present. The fund is targeting businesses like payment gateways, remittance processors and wallets, according to an announcement Wednesday.

“ receives between 6 to 8 business plans every day from software entrepreneurs leveraging the unique features and capabilities of the Bitcoin Cash blockchain. now has the resources and team to support these BCH entrepreneurs, grow the value of their businesses and spread bitcoin cash adoption,” said CEO Stefan Rust, who took over the role in August from Roger Ver, who then moved on to the role of executive chairman.

No concrete details yet 

The firm is yet to finalize details of the fund but said it will allow other institutional investors to join it. Projects, looking to get investment via the fund, will “very soon” be able to submit their business plans to via a “dedicated landing page.”

Rust has identified up to 20 institutional investors who satisfy “stringent” due diligence requirements, per the announcement. said it would charge a fee to help institutional investors manage the fund, on top of the fees to access the underlying payment businesses.

“There is so much great infrastructure and businesses being built in the Bitcoin Cash ecosystem every day. is going to accelerate the development with our million-dollar ecosystem investment fund,” said Ver.

Several initiatives 


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