SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments

SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments

Japan’s SBI Group, Switzerland’s Sygnum Bank, and Italy’s Azimut Group have incorporated the fund as a Variable Capital Company in a bid to “accelerate the growth of promising companies” within the industry.

https://www.coindesk.com/business/2021/09/30/sbi-sygnum-azimut-establish-75m-vc-fund-for-crypto-startup-investments/

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This could potentionaly be huge for ALGO as they have many startups in EU, dono if they would give this money to web 3.0 though.
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