Blockchain platform developer Waves intends to raise $30m for its Basics fund, which will invest in blockchain startup projects.
Waves Platform, the Russia-based creator of a platform for blockchain distributed ledger technology, intends to raise up to $30m for a fund that will invest in blockchain startups and projects.
Founded in 2016, Waves has created a decentralised platform that provides the tools and infrastructure for people or businesses looking to create their own blockchain products, and which will enable anyone to issue, trade or exchange cryptocurrency tokens.
The company secured $16m in an initial coin offering in mid-2016 and…
