IOHK Goes Big On Shelley launch, Opens $20M Cardano Dev Fund: Author – CFR

Reported By: CryptoFundReport.com

Decrypt – Next up is IOHK’s newly launched development fund, the “cFund.” A partnership with crypto asset management fund Wave Financial Group, the fund will total $20 million and provide money for companies and projects building up the Cardano ecosystem.  IOHK will fork up $10 million and Wave is raising the other half. “This provides several years of runway to target seed and early-stage opportunities,” wrote IOHK. Typical investments will total between $250,000-500,000.

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