Various venture companies are beginning to invest their investments in crypto-currencies. It seems that Venrock, a family-owned venture company of Rockefeller, started investing in digital currencies as Fortune.com reports.
Rockefeller company has an impressive amount of money, and now they are ready to invest them in crypto-currencies. Indeed, under the management of the organization is more than three billion dollars. The company began operating in 1969 with a capitalization of only one million dollars. Now it is one of the most important and recognized venture companies around the world.
Venrock can improve several crypto-currency enterprises that are looking for financial support. Indeed, the venture company was able to find very successful start-ups during its operations. They invested in Intel and Apple before they became what they are.
CoinFund – specialist in investments in crypto-currencies
The venture company cooperates with CoinFund, an important group of crypto-investors. The main goal is to help companies implement projects with blockchain technology.
David Pakman, partner of Venrock, said:
“We wanted to partner with this team that has been making investments and actually helping to architect a number of different crypto economies and crypto token-based projects”
At the same time, Jake Bruchman, co-founder of CoinFund, explained that this partnership is an excellent opportunity for the old and new company.
Bruchman said that they will support the team, work closely with all parties involved and help carry out all possible actions between the two enterprises.
Both representatives, Bruchman and Pakman, are convinced of the benefits that blockchain technology can provide to businesses and companies from different industries.
image by shutterstock
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