The cryptocurrency services and product provider will make strategic investments at seed or series A stage through the newly formed Crypto.com Capital.
China-headquartered cryptocurrency services provider Crypto.com launched a $200m corporate venture capital fund called Crypto.com Capital yesterday that will invest in early-stage crypto technology developers.
Founded in 2016, Crypto.com operates an online platform where users can buy and sell a range of cryptocurrencies. It also runs a crypto trading exchange in addition to offering a digital currency wallet and crypto-based Visa card.
Kris Marszalek, Crypto.com’s co-founder and CEO, said: “Crypto.com Capital gives founders building in the crypto industry two things: a…