What does a tech startup do after raising $232 million selling digital coins to investors? Set up a VC fund

Business Insider
By Oscar Williams-GrutAug 13, 2017, 3:05 am316 pts
Tech startup Tezos raised $232 million in July through an "initial coin offering"; Spending $50 million on venture investing, rest being put into stocks, bonds, and precious metals; An unusual use of funds from a tech business, likely to fuel criticism of ICO sector. LONDON — Early-stage tech companies are…

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