BitMEX joins its rivals in launching its own VC arm0.29

Seychelles-based BitMEX, a platform that offers peer-to-peer trading of leveraged bitcoin contracts, has joined its rivals in launching a venture-capital unit to identify potential crypto firms to invest in, The Block has learned.

The new arm of the firm, which has not been previously reported on, is being led by Kumar Dandapani, global head of BitMEX Ventures. Dandapani, a University of Pennsylvania graduate, joined the firm in 2018. Previously, Dandapani was a partner at Nth-Degree Analytics, a quant research, and development firm.

Original source
https://www.theblockcrypto.com/2018/11/08/bitmex-joins-its-rivals-in-launching-its-own-vc-arm/

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