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A Chinese $20M Venture Fund is Ready to Finance Bitcoin Startups

By Timothy Sohn Dec 5, 2016 9:08 PM EDT

(The Merkle) – The Bitcoin startup scene is about to receive up to $20 million from a venture fund. The money is coming from a Chinese family who owns a multi-billion-dollar company. The investors believe that the “use of bitcoin will continue to grow and proliferate in China.”

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