Lugano - The Lugano-based Pangea Blockchain Fund has raised 22 million dollars in a funding round. At the same time, it has launched a fund to promote innovative blockchain solutions.

Pangea Blockchain Fund supports promising blockchain start-ups around the world. The Lugano-based firm has now been able to secure 22 million dollars in seed funding, as outlined in a press release. Investors include the financial services provider Copernicus Asset Management – also from Lugano – and Roger Ver, CEO of Bitcoin.com, among others. 

At the same time, Pangea Blockchain Fund has announced that it has launched its own Blockchain fund. The aim here is to support the development of transformative, Blockchain-based solutions around the world.

Copernicus Asset Management SA (“Copernicus”), a Lugano-based financial services group is the investment manager for the Fund. Its founders are James Duplessie and William Duplessie. In addition to activities in connection with Pangea Blockchain Fund, Blockchain Investment Advisory Sagl intends to launch its own Blockchain incubator in Switzerland, Ticino Labs.

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