[2016-07-22] news.bitcoin.com-$100M ‘Blockchain Fund’ Launched to Fast-Track...

[Strongkored]

$100M ‘Blockchain Fund’ Launched to Fast-Track Smaller EU Banks

BnL, formed by ex-specialists from tech giant IND Group, will administer the Banking On the Blockchain (BB) Fund as “lead partner” along with the fund’s creator, Singapore-based venture capital outfit Life.Sreda.

The BB Fund is set to raise $50 million USD by the end of 2016, with another $50 million due in the first half of next year. Fintech consultant Chris Skinner, the original creator of the BB Fund, said in a press release that the opportunities afforded by BnL will allow smaller European banks in particular a new channel to take advantage of blockchain tech.

READ MORE >>> https://news.bitcoin.com/million-blockchain-fund-smaller-banks/

[Karartma1]

It seems like a lot of influent people is onboard. The site  http://bb.sreda.vc/ doesn't say much but I would like to know more. I think we have to wait though

$100 Million in vc funding puts them on the top 10 most funded blockchain startups