SBI, Signum Bank and Azimut create venture fund for investments in a cryptostartup

The new Singapore venture fund was created by three major companies providing financial services which will enclose 75 million dollars in cryptostartups on all EU and Asia. Japanese SBI Group, the Swiss Sygnum Bank and the Italian group Azimut united as companies with the variable capital in attempt "to accelerate growth of the perspective companies" in branch. Ven Capital from VOO will act as the managing director of primary fund while investment strategy will be generally concentrated on companies, developed to series A and A, according to the press release on Wednesday...