Cryptocurrency investment firm 1confirmation plans to launch the second cription $60 million, according to The Wall Street Journal.
According to the publication, the new Fund will focus on financing cryptocurrency startups at an early stage of development. It will be available as tokens and shares in companies.
Note, in December 2017 1confirmation raised $26 million from billionaire Mark Cuban, Thiel Capital, Runa Capital and Real Ventures.
It is noteworthy that the firm is managed by a former employee of Coinbase Nicholas Tomaino.
It is also known that the portfolio was 1confirmation algorithmic stablon Basis, the development of which was stopped because of pressure from the American authorities.
We will remind, in August it became known that Pantera Capital intends to raise about $175 million under the new cription.