Chinese venture Capital company Node announced the launch of a branch in the United States with a Fund of 200 thousand Ethereum (about $87 million) for investments in blockchain startups.
Node Capital made an announcement about the plans at an event in San Jose (California). Venture capital firm explained that the US office will be staffed with a local team, and funding focused on blockchain startups in Silicon valley.
As reported by the Node Capital founder Du Jun (Du Jun), the company is currently invested in more than 160 crypto-startups, 80% of which from China. The most well-known companies, funded companies in Beijing are hardware cryptocurrency wallet Coldlar and Jinse Finance is one of the largest scriptresources in China.
Doo Jun is one of the pioneers of the investors of kriptonyte China. In particular, in 2013, he and Li Ling (Li Lin) was co-founder of the crypto currency exchange Huobi. Recall that Huobi had previously launched in the US new trading platform — HBUS.