Hoping to cash in on cyrptocurrencies, one VC firm is starting a new fund — and plans to fund it with an initial coin offering

December 6, 2017
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Traditional venture capital firms are trying to get a piece of the cryptocurrency action.
One such firm, TMT Investments, is launching a new fund to invest in startups focused on blockchain technology before they hold initial coin offerings.
The partners are pitching themselves as the adults in the room who can offer expertise to technically talented but inexperienced founders.

The finance world is going crazy for all things related to cryptocurrencies.

Bitcoin is soaring to ever-greater highs. And earlier this year, the amount of money raised by startups via initial coin offerings, a basically unregulated form of fundraising involving the issuance of new …read more

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