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Coinbase announces Venture Fund for early stage blockchain startups


Coinbase is launching a venture fund to help early stage blockchain startups flourish. The company’s President and COO Asiff Hirji announced this on CNBC on Thursday. We’re going to invest off our balance sheet into crypto companies,â€� Hirji said. “We will invest in companies that are in the space and are aligned with our values.â€� Profits from the fund will be “de minimisâ€� in the scope of the entire company but the fund is already off to a $15 million start and set to grow, Hirji told CNBC. The investments will not have any bearing on the listing of coins…

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