In an announcement of last week, some additional amazing news comes forth from the Waves Platform. In addition to the great news by Waves and Ethereum of their partnerships with Deloitte in regards to formation of regulatory department for crypto-assets including fintech companies and ICOs, Waves has now announced its welcoming of venture capital fund investments.
The main goal of the venture capital fund would be in maintaining and improving “investments within blockchain infrastructure especially startup projects portfolio in the blockchain universe” (BankInnovation). This is some promising piece of announcement, as this would very likely draw interest to asset management, and fund management companies not just within the blockchain universe, but within companies worldwide that deal with financial services.
By this time we might all already know what positivity has the news brought to the Ripple community after an announcement of Ripple welcoming a hedge fund project. That’s right, this has brought Ripple value decently to the moon, compared to short-term price change of other cryptocurrencies in the market. Because the new fund project within the Waves community would consist of hedge fund managers governing the steps of this anticipated venture capital fund, we could from now on prepare our seat-belts for our Waves rocket to launch to the direction of the moon any time now likewise!