Crypto Valley Venture Capital Launches African Blockchain Early-Stage Fund

DAVOS, Switzerland - Crypto Valley Venture Capital, which also calls itself CV VC, is launching an Africa-focused fund to support blockchain startups on the continent, the investor announced Monday at the Blockchain Hub adjacent to the World Economic Forum in Davos, Switzerland.

The fund is to invest in 100 startups in the African continent over the next four years, CV VC said in a press release. According to the announcement, CV VC has invested in 12 startups where"blockchain use cases go far beyond cryptocurrencies to drive Africa's future to date." The investor aims to raise between $10 and $50 million through the fund.

Among the 12 startups CV VC has already invested in are Leading House Africa, a startup from Nigeria that will allow land registration on the blockchain, and Mazzuma, a mobile payments platform from Ghana. According to Olaf Hannemann, co-founder and CIO of CV VC, most startups are expected to originate from South Africa, Nigeria, Kenya, Ghana and Egypt but it is open to funding projects from the entire continent.

, which highlighted the growth of the blockchain sector in Africa. According to the report, on a year-on-year basis, funding for African blockchain startups outpaced the growth in general African venture funding by 11 times. Africa is a fast-growing crypto market, attracting large investments from the crypto sector, according to the report. Earlier this month, Pan-African centralized crypto exchange Mara

Source: News Formal (newsformal.com)

CV_Labs iamsandali Bitcoin dominance is going up as the market heals itself,& cleanses itself from a lot of the garbage in the space. Eventually,the asset class will move to new highs, but btc needs to take control for a while Bravo Chrismoyzee Made us proud him TA have been very helpful

CV_Labs iamsandali RubyPlayNetwork this biggest and potential coin, its a solid project with great fundamentals P2EGame BSC Ruby

CV_Labs iamsandali Hey guyz With AuroraFS_Labs u can explore the world Data is privately owned in the Web3 iteration💯 To read more click 👇 Web3 Crypto

CV_Labs iamsandali $UST & $LUNA COLLAPSED BUT THE COMMUNITY IS STILL STRONG 🙏 LET'S ASK terra_money stablekwon TO BURN THE COINS 🔥 YOUNGER GENERATION ARE SEEKING FOR FINANCIAL FREEDOM NOT LOSING THEIR LIVES. LUNAtics BurnLuna btc ETH Solana DoKwon 🔥 RETWEET & SPREAD THE WORD🙏❤️

CV_Labs iamsandali COOL ! MAYBE ! GOOD ! ME NAME 6短宰

CV_Labs iamsandali ME name cool ! 7嫡晒

CV_Labs iamsandali COOL ! NICE ME NAME 1圆颈

CV_Labs iamsandali COOL ! NICE ME NAME 1圆颈

CV_Labs iamsandali HAHAHA LOOK ME 2救讲

CV_Labs iamsandali HAHAHA LOOK ME 2救讲

CV_Labs iamsandali greybtc

CV_Labs iamsandali XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.

CV_Labs iamsandali OsoroOngera

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto exchange FTX is getting into stock tradingStock trading is currently available to a small group of users.
Source: verge - 🏆 94. / 67 Read more »

Waning institutional demand is forcing high-yield crypto accounts to slash ratesCrypto yields have fallen consistently since peaking last year as stablecoin yields begin to follow suit. we know oh no the 🪙💩 dEfI ponzi is dying 🙀😂
Source: TheBlock__ - 🏆 464. / 53 Read more »

ECB’s Lagarde says while crypto has no worth, she would back digital euro: PoliticoLagarde also said that while she had never invested in crypto, her son had. dump it Lagarde should be regulated Funny that...
Source: TheBlock__ - 🏆 464. / 53 Read more »

Crypto Bloodbath Impact: DeFi TVL Sinks to Lowest Levels Since June 20212022 did not necessarily start with a bang, but the subsequent bearish onslaught has dragged the wider market into yet another crypto winter.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate FundsFollowing a statement from Coinbase saying that customers’ money would be afflicted if crypto exchanges declare bankruptcy, U.S. President joebiden’s administration intends to push lawmakers to demand they separate customers’ money from corporate funds. coinbase JoeBiden Never thought I'd say this but thank you govt. Great change coinbase JoeBiden Do they ask the same of the banks, investment bankers & other funds that have destroyed economies & lives for years on end? 🔮
Source: CoinDesk - 🏆 291. / 63 Read more »

Blockchain, crypto set to take sports industry beyond NFT collectibles“Moving beyond NFTs,” Deloitte expects the sports industry to link spectators with season tickets over the blockchain eventually. The possibilities maybe ...but the usecases will be the ones that governments, EU are allowing. Regulation will get a grip of this as well ..;especially now when they see the huge amount of funds going round .. nft crypto metaverse art The possibilities ARE endless. $CHZ is so well positioned to capture all the growth in this sector in the next years - DYOR Guys. 😉
Source: Cointelegraph - 🏆 562. / 51 Read more »