MILLIONAIRE WILL MAKE A $ 100 MILLION INVESTMENT FUND FOR CRYPTOACTIVES

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This is the case of Jehan Chu, one of those pioneers in the adoption of Bitcoin who, after starting to invest in 2013 and aupado by the success of the criptocoins in the market, was able to leave his work and create his own capital firm of Kenetic Capital, which will allocate US $ 100 million to a crypto-investment fund to support new ventures.

Chu's company invests in blockchain technology, and the funds raised will be used to bet on the most attractive Initial Currency Offers (ICO), as well as to strengthen the operation of its platform. As he explained, he is not interested in speculation but in the potential of the collection through ICO, to give good substrate to the projects for its long-term development and how Kenetic can participate in this vitality.

Chu is advised by Buterin and his venture capital firm, registered in the Cayman Islands, has significant experience on Wall Street. Former investment banking director of HSBC Holdings Plc, Stephan Verhelst and BlackPine Private Equity Partners co-founder Lawrence Chu are part of the company's partners.

This enthusiast has experienced a significant transformation in his life. Being a developer at Sotheby's now runs an interesting business where most of its clients are entrepreneurs looking for the support of angel investors or investment funds to be able to develop their dreams and Kenetic Capital offers its services for it. Protection against hacking, as well as financing strategies, are some of its services.