This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Venture capital not done with crypto yet

One of the big focuses now is the tokenisation of assets — reproducing securities as a token on a blockchain. Shifting legal assets on to digital ledger, in theory, means trading could be done round the clock, instead of only during working hours and days.It could also encourage more liquidity in otherwise hard-to-shift assets and bypass intermediaries that charge fees for their services, such as brokers or securities depositories.

“Everyone has been humbled in crypto, and what was really required was to come in a little sceptical, rather than trying to do too much too quickly,” said Alex Felix, chief investment officer at CoinFund, a crypto-focused investment group based in New York. CoinFund, one of the industry’s oldest and most established crypto-focused investment firms, raised more than $150mn earlier this summer.

Tags

crypto, blockchain