TMT Investments, an LSE listed company (AIM:TMT.L) has proposed to launch a new Crypto fund to invest in Blockchain startup. The joint initiative includes a group of American investors and will be supported by the Waves Platform. The TMT Crypto Fund will hold both crypto and fiat currencies and is reportedly planning an Initial Coin Offering in March 2018 to attract investment from the crypto world. The TMT Crypto Fund portfolio expects to include around 40 projects, which will receive funding in late Seed and Series A stages. The fund will operate in accordance with the requirements of European regulators and the US securities laws and the Securities and Exchange Commission (SEC). The Fund’s unique feature is its token that will be a security, which is designed to give the LPs an extra level of protection. Fully compliant with the SEC and other relevant regulatory requirements, tokens in the TMT Crypto Fund will allow LPs to subsequently receive tokens of the Fund’s portfolio companies, and may allow for much greater liquidity than proposed by a classic VC fund. LPs’ other advantage will be ownership of not only tokens of the fund but ownership in the utility tokens of portfolio companies. Read more here…

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