Home Blockchain Blockchain Fund debuts with a $22 million seed round backed by Roger...

Blockchain Fund debuts with a $22 million seed round backed by Roger Ver

Following the closure of a $22 million seed round backed by arguably the most influential crypto investor Roger Ver, Switzerland-based Pangea Blockchain Fund has made its debut on to the crypto scene.
Pangea made this announcement on Wednesday, 27th February wherein the company also mentioned that Copernicus Asset Management, a Swiss firm regulated by the country’s Financial Market Supervisory Authority is also another investor. Additionally, Copernicus is also reportedly acting as investment manager for the fund.
According to Pangea fund, it aims to focus on the “commercial and industrial applications” of blockchain technology for which it will invest in “transformative” blockchain start-ups globally thus providing them with an early-stage capital boost and other resources.
U.S.-based Blockchain Investment Advisory LLC is acting as sub-advisor for the fund and Blockchain Investment Advisory Sagl is its Swiss investment advisor. Pangea reportedly expects to cap its fundraising at $200 million.
According to the co-founder of Blockchain Investment Advisory Sagl, James Duplessie, he said that he firmly believes blockchain technology will “fundamentally alter the way society governs, transacts, collaborates, and brings new concepts to life.”
The co-founder of Blockchain Investment Advisory, Sagl further said, “Blockchain technology has the potential to change the nature of the systems that lie beneath the things we do every day and could be the greatest driver of value creation in our lifetime.”
According to Maggie Rokkum-Testi, chief investment officer of Copernicus Asset Management, he said that there are, “Endless use cases for a transparent, verifiable register of data transactions.”
Additionally, as per reports, a Swiss-based incubator known as Ticino Labs will also be launched by Blockchain Investment Advisory Sagl in the next few months.

Safdarali Rizvi
Safdarali Rizvi the management graduate. Has been an avid book reader all his life so naturally loves playing with his words. His curiosity for discovering futuristic opportunities drives him to enlighten the entire Geekymint team with exclusive and intriguing news. He has a real passion for calisthenics and sports. His management abilities and hunger for learning brings tremendous value to our team.


Please enter your comment!
Please enter your name here

Must Read

The Best Torrent Search Engine Sites To Find Safe Torrents (100% Working)

Torrent search engines are not your regular web search engines like Bing or Google. A regular search engine like Google is usually...

9 of the best Rainiertamayo alternatives to watch unlimited online free movies and tv shows

Movies and tv shows have entertained people since the 1960s. Earlier to that people used to go to fair and circus to...

9 of the best Mobdro alternatives for watching live tv in 2020

Modbro was one of the growing movies and live tv streaming sites with free unlimited content. Mobdro had its app on the...

The Best Free Sports Streaming Websites (100% Working)

Hello my fellow netizens, haven't you ever wondered what is a good way to balance your work with your love of sports...

The Best Live Cricket TV Sites You Just Cannot Miss In 2020

Cricket is as they say a gentleman’s game originated in England and you will be amazed to know that the first game...


ThopTV – Download & install app Apk on Android, iPhone, iPad, iOS, MAC, PC, Firestick, FireTV

About ThopTV movies ThopTV has been around for many years, initially, a user could download the app for an Android Device directly through play store....

9 best ThopTV alternatives for free streaming and Live TV

Streaming apps like Netflix, Amazon Prime, Hulu etc have all become a household name, thus proving that the Internet is the new...

Cyberflix TV 3.2.0 – Download & install app Apk on Android, iPhone, iPad, iOS, MAC, PC & Firestick

About CyberFlix TV CyberFlix TV is an online streaming app on which you can watch free movies and TV Shows. The app has been shut...

Mobdro – Download & install app Apk on Android, iPhone, iPad, iOS, MAC, PC, Firestick & FireTV 

About Mobdro Mobdro App is one of the latest introduction into the free movie streaming app market. Mobdro is rapidly dethroning some of the big...

Stock market expert Marc Faber makes his first investment in BTC

In what could be a significant uplift for the most famous digital asset, Bitcoin (BTC), earlier in the week, one certain Marc Faber announced...