China Crypto Venture Firm to Invest in US Startups

Node Capital will set up a U.S. office with a local team aimed to increase its portfolio of blockchain startups from the Silicon Valley
28 June 2018   1913

A Chinese venture company working in the field of blockchain opens an American unit and intends to invest 200,000 Ethereum or about $ 86 million into local blockchain start-ups. This is reported by CoinDesk.

The firm explained that it is opening an office in the US to increase the presence of blockchain-startups from the Silicon Valley in its portfolio. The company did not specify the time of the launch of the new division.

To date, the Peking Venture Company has been involved in financing 160 crypto-currency start-ups, 80% of which are located in China, said Du Jun, the founder of Node Capital, speaking at the event.

Among the most notable start-ups in Node Capital's portfolio the are Coldlar hardware wallets manufacturer and Jinse Finance, one of the largest crypto-currency portals in China. The company also sponsored about 20 crypto exchanges, including FCoin, which recently attracted attention thanks to the "mining with commissions" model.

Du Jun is also one of the first Chinese investors to start discovering the sphere of crypto-currency. He co-founded the Huobi exchange in 2013 with Li Lin, who now holds the post of CEO of Huobi Group.

MetaMask App to be In Public Beta

The app is synchronized with the cryptowallet in the original browser extension allowing to register new addresses in a moment
24 July 2019   263

The developers of the MetaMask Ethereum wallet wallet have opened the way for everyone to test the beta version of a mobile application available for Android and iOS.

According to the developers, the application is synchronized with the cryptowallet in the initial browser extension. It also allows you to manage crypto-assets, send ETH users and ERC-20 and ERC-721 standard tokens using ENS names (Ethereum Name Service), and interact with decentralized applications (dApps).

In addition, the application supports InstaPay payment channels for instant and free transactions. It also implements Web3 functionality, support for IPFS and various solutions to ensure a high level of security.

The launch of the mobile application MetaMask was announced 9 months ago during the Devcon4 conference in Prague.