Global Blockchain Ventures (GBV, LLC) Launches $100 Million Crypto Venture Fund
GBV, LLC, Launched $100 Million Blockchain Venture Fund
Global Blockchain Ventures (GBV) recently announced that it had launched $100 million venture fund that will focus on blockchain technology. Thus far, Stonegate Digital Capital Group has made a seven-figure contribution to seed this fund.
The fund comprises of a team of global leaders in the world of fintech that want to accelerate the potential innovations of the blockchain. This fund looks beyond crypto and into the blockchain where it hopes to bring about transformations to the world. The focus will be on the areas of education, enterprise systems, and health.
GBV And The Blockchain
Global Blockchain Ventures has an intense focus on the blockchain and other related technologies such as Internet of Things (IoT), Artificial Intelligence, and MedTech. Four experts, each of which brings an impressive set of skills acquired over a lifetime, lead the company. They have acquired these skills working for major fortune 500 companies such as Disney, Dell, and IBM.
The Chairman of GBV recently said that he was excited to be living in a time in history when a technology that could change every industry was developing. He claimed that the partners at GBV all understood this technology and they wanted to lead innovation in the sector.
The Current Situation at GBV
The company is currently working to create a strong and capable team and creating strong relationships with related venture funds. He said that with this team, they hoped to assist promising projects that could benefit Florida and the world.
This company will try to link the world of venture funding to the world of blockchain asset investment. GBV is not just offering capital. It will also offer a supportive ecosystem that ensures they can succeed in the long term.
Examples Of Collaboration
A good example of GBV partnerships is its deal with the University of Central Florida and their Mixed Emerging Technology Integration Lab. The company was created to harness the decades of combined experience that their investment team has. It has an expanding list of alliances globally.
As part of their strategy, the fund is going to harness these alliances to offer potential projects real value and the environment in which they can grow. For instance, the company has created a mutual partnership with Blockchain Financial Group.
In fact, the CEO of BFG is part of the advisory board at GBV. He gave his thoughts on the venture fund and said that BFG and GBV had been working together for many years. The BFG CEO revealed that they had invested in the fund and they were excited to be closely supporting blockchain startups.
About GBV’s Chairman
The Chairman of GBV Al Weiss had worked for 39 years at Disney. When he left Disney, he was working as the President of Worldwide Operations for the Disney $10 billion Walt Disney Parks and Resorts Business employing over 95,000 employees. He is part of numerous crucial boards and has played an important role in various M&As globally. In 2005, he was named the ‘Most Influential Businessman in Central Florida’ by the Orland Business Journal.