200 Million Bitcoin Cash Investment Fund is Coming
200 million Bitcoin Cash investment fund is on its way and, not surprisingly, it will be launched by Bitcoin.com. The BTC related firm is backed by Roger Ver. It is a reason grave enough on its own to take the news seriously.
Roger Ver was holding a speech at one of the BTC Cash meetups, which have taken place in London, on the 19th of November. The twitter message about the event appeared a day after, on the 20th of November. Blockchain.com was the host. So the fund will be working on the questions related to payment options and solutions, as well as non-custodial services for Bitcoin Cash. This cryptocurrency appeared from a hard fork in 2017th, August.
What Bitcoin Cash investment fund will do
It is one of the major questions which are being discussed in the crypto community. Still according to the official report the details are not cleared up at the moment, but some points are certain. So the fund will be centered on solving the issues, related to payment gateways and other cases. Among them a huge part will belong to the questions of processors remittances. Also wallet and merchant acquirers were considered to be a matter of discussion as well.
Good news is that there are already 20 institutional investors, sharing the company’s vision of the product and willing to invest.
New services for new clients
Previously Bitcoin.com was known as a website with its main focus on covering BTC and BCH. At the moment the resource is providing a wide range of services. The most popular are casual and well-known crypto trading and storage. When the domain name of the firm was acquired by Ver, the number of services increased dramatically. It was back in 2014. This September a digital exchange was launched by Bitcoin.com. So the users can easily trade such currencies, as Litecoin, EOS and many others.