Union Square Ventures to Invest in Crypto and Blockchain Long-Term Without Dedicated Fund

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Union Square Ventures to Invest in Crypto and Blockchain Long-Term Without Dedicated Fund



Union Sq. Ventures (USV), a non-public fairness and enterprise capital agency, has plans to put money into blockchain and cryptocurrencies over the course of the following 10 years, CNBC stories June 29. These plans, nevertheless, don’t embody establishing a separate fund.Albert Wenger, managing companion at USV, instructed CNBC that “we see quite a lot of upside to holding it underneath the identical roof.” Regardless of prevailing the bear market in cryptocurrency, the corporate has an optimistic long-term view of the trade. Wenger mentioned:“Buyers are rationally pouring some huge cash into this sector, as a result of I feel

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