Ohio Accelerators to Invest $200M into DLT Startups

Plans were revealed by JumpStart CEO Ray Leach at the Blockland Solutions Conference in Cleveland, Ohio
04 December 2018   505

JumpStart business accelerator said that as part of the blockchain-start-ups support initiative, six Ohio funds are investing over $ 100 million in projects that develop solutions based on distributed registry technology for businesses and government agencies. This is reported by Cleveland.com.

For example, blockchain projects developing in the Ohio Opportunity Zone will receive access to funding of almost $ 200 million over the next three years.

As reported, the funding plans were revealed at the Blockland Solutions Conference in Cleveland, Ohio, by JumpStart CEO Ray Leach.

Previously, the Ohio government allowed companies registered in the state to pay Bitcoin all types of taxes and fees - from excise taxes on cigarettes to insurance premiums on employees.

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   95

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.