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Mark Cuban Putting Support Behind Cryptocurrency Fund
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Mark Cuban Putting Support Behind Cryptocurrency Fund

Mark Cuban Putting Support Behind Cryptocurrency Fund

Fintech Nexus Staff·
FintechNews RoundupUSA
·Aug. 23, 2017·1 min read

Only a few months ago Mark Cuban was criticizing cryptocurrencies as a bubble, he is now backing a new fund; Runa Capital principal Nick Tomaino founded the fund 1confirmation, according to a filing with the Securities and Exchange Commission; “I think Nick is one of the sharpest minds in the space, and I’m a big believer that there will be transformational apps built on blockchain,” Cuban told CoinDesk; the recent change in opinion by Cuban points to a trend from Wall Street that shows more traditional finance players accepting the value of cryptocurrencies; the fund will make $100,000 to $500,000 investments and focus exclusively on cryptocurrency assets. Source

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