Fintech VC Life.SREDA launches 'Banking on Blockchain' fund, targets corpus of over $100m

Fintech VC Life.SREDA launches 'Banking on Blockchain' fund, targets corpus of over $100m

Visual of Banking on Blockchain fund homepage. May 2016

Singapore-based fintech venture capital (VC) fund Life.Sreda, which shifted its base from Moscow to Singapore in 2015, is launching a venture fund targeting investments in the blockchain ecosystem called the Banking on Blockchain Fund. Based in London, the fund will target European and Asian fintech firms using blockchain technologies.

Initially reported in East-West Digital Newsthe fund is targeting early-stage investments in blockchain-based ventures with use cases relevant to banks.

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