A bitcoin mining fund is investing $44 million in brand-new hardware, a longer-term bet than most are making.
The Chinese city of Nanjing is launching a fund worth over $1 billion to support development of blockchain projects.
The Arcanum Emerging Technologies Fund will start in India, but its founders plan to expand to other regions.
The city government of Shenzhen, China, is backing an $80 million blockchain investment fund, soon after Hangzhou city supported a similar effort.
China now has a new blockchain fund with $1.6 billion available – 30 percent of that backed by the Hangzhou city government.