Apollo Capital is seeking to establish $30 million a fund which will specialise in crypto-asset investments, including digital currencies, other blockchain-based assets and ICOs.
The fund is estimated to be fully operational in early 2018 and will be open exclusively to wholesale clients, with a minimum buy-in of $50,000.
The team behind the fund includes Dominet Venture Partners founder Domenic Carosa, CEO Holger Arians and expert associate Tim Johnston, alongside Wall St finance veteran Henrik Andersson and CEO of bitcoin.com.au Rupert Hackett.
Source/More: Apollo Capital wants to launch a $30 million Australian cryptocurrency fund – Which-50