{"id":32196,"date":"2020-08-04T19:19:56","date_gmt":"2020-08-04T15:19:56","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32196"},"modified":"2020-08-04T19:19:58","modified_gmt":"2020-08-04T15:19:58","slug":"venture-fund-to-invest-110-m-in-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/venture-fund-to-invest-110-m-in-cryptocurrencies\/08\/04\/market-updates\/","title":{"rendered":"Venture Fund to Invest $110 M in Cryptocurrencies"},"content":{"rendered":"\n<p>Electric Capital venture fund raised $110 million from university endowments and other nonprofits to invest in cryptocurrencies, Bloomberg reported.<\/p>\n\n\n\n<p>The company has started with investing $35 million in cryptocurrencies like Bitcoin and Ethereum and blockchain projects.<\/p>\n\n\n\n<p>However, it seems the focus this time will be directed towards other crypto assets.<\/p>\n\n\n\n<p>\u201cBitcoin and Ethereum are a minority of the fund. Our thoughts are more toward Defi protocols, apps built on top of this stuff,\u201d said the&nbsp; co-founder of Electric Capital, Avichal Garg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric Capital venture fund raised $110 million from university endowments and other nonprofits to invest in cryptocurrencies, Bloomberg reported. The company has started with investing $35 million in cryptocurrencies like Bitcoin and Ethereum and blockchain projects. However, it seems the focus this time will be directed towards other crypto assets. \u201cBitcoin and Ethereum are a &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32197,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6903],"class_list":["post-32196","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32196"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32196\/revisions"}],"predecessor-version":[{"id":32198,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32196\/revisions\/32198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32197"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}