Czech investment bank raising $100M for blockchain fund

posted 6 days ago
Benson Oak, an investment bank based in Prague, Czech Republic, has announced it is raising $100 million to launch an investment fund dedicated to the Israeli market and taking a focus on blockchain startups.

The new investment arm, called Benson Oak Ventures, has already secured $25 million and aims to reach the $100 million target by the end of 2018.

According to Benson Oak Ventures' website, the fund will be interested primarily in blockchain startups offering consumer products or creating platforms that enable community growth, all in an effort to boost blockchain's use at the consumer level.
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