Algo Capital Announces $100 Million Blockchain Fund to Invest In Promising Companies Built on Algorand Platform

Boston, MA, Dec. 11, 2018 (GLOBE NEWSWIRE) — Algo Capital, a blockchain-focused venture capital group, has announced the launch of a $100 million USD fund to invest and manage significant capital in emerging disruptors building on the Algorand decentralized platform over the course of the next decade. The Algorand protocol was designed by MIT professor, cryptography pioneer, and winner of the prestigious Turing Award, Silvio Micali. Algo Capital invests in promising companies at all stages that are creating solutions on the decentralized Algorand platform, with an initial focus on companies building fintech applications.Kerry Close
[email protected]

(GlobeNewsWire)

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