NEM (XEM) - Good News for Australia’s Crypto Investors and Start-Ups…

[Sateetje]

High profile Australian investors will soon be able to get exposure to cryptocurrency in a way more familiar to them than currently available. This comes thanks to a new fund founded by Dominent Venture Partners’ Domenic Carosa and Holger Arians, and Herik Andersson, himself an experienced Wall Street trader. Apollo Capital, as they’re known, are attempting to raise a $30 million for use in the blockchain space. They aim to focus on cryptocurrencies, blockchain-based projects, and initial coin offerings. The fund will be Australia’s first to manage crypto assets and will be reserved for investors with a minimum of $50,000AUD available.

For Carosa such funds are inevitable and are all part of providing the necessary legitimacy for the space to flourish. He told the Australian Financial Review:

“It’s still very embryonic, but for us this is part of the market maturing and bringing more credibility to the space… You hear that people like Bill Gates, Richard Branson and funds like Andreessen Horowitz taking long-term bullish views on bitcoin and blockchain … this also adds further credibility.”

Meanwhile, the NEM.io blockchain development fund is also expanding to Australia. Jason Lee, their global director of partnerships and strategic alliances aims to invest around $14 million in Australian fintech ventures. The $80 million fund are also looking for opportunities to bring innovation to their own blockchain XEM through their financing of startups. So far, NEM.io have invested in CopyrightBank, a service aiming to protect digital assets based in Melbourne.

Full story: http://www.newsbtc.com/2017/11/28/good-news-australia/

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[superdant1]

super)) NEM not be stopped and for him the future)

[Sateetje]

https://www.smartcompany.com.au/startupsmart/news-analysis/australian-startups-90-million-nem-blockchain-investment-fund/

[imreallyaniceguyy]

I'm also thinking about investment in NEM

[wiser]

NEM is a great coin! It's been around for a while and finally this past year its price has started to climb. I think there is plenty of upward growth ahead, so now is still a good time to buy in. Disclosure: I hold NEM.

[crimsongoth]

Nem(Xem) is one of the future futures and the coins in my portfolio that I have invested in. I follow the development process carefully and have full confidence that they will come to better places.

[HichemFetoui]

what"s the use case for nem

[Sateetje]

http://www.newsbtc.com/2017/11/28/good-news-australia/

[Sateetje]

what"s the use case for nem

There are a lot of use cases, please visit: https://nem.io/enterprise/use-cases/

Or join on of our Telegram channels, like RED (for serious talk), to get a feeling about all ideas and what's going on. NEM is a working product already, it's no ICO or alpha release. Now focussing on parnerships and adaption