ISSUE – Sep. 08 | Ethereum Cofounder Launches Venture Capital Arm With $50 Mln Investment

Joseph Lubin’s Ethereum design studio, ConsenSys has decided to jump directly in the Blockchain venture capital ecosystem by setting up a dedicated venture investment arm. The new division, ConsenSys Ventures, would invest both in equity of Blockchain startups and in emerging cryptocurrencies. The company has hired Kavita Gupta as Founding Managing Partner to run the arm. Kavita comes with an interesting impact-investing background given her stints with the Google’s parent company Alphabet’s Executive Chairman, Eric Schmidt’s Schmidt Family Foundation, International Finance Corporation and the World Bank. [ Coin Telegraph ]