In the latest press release, The Future Capital Bitcoin Fund (FCBF), an Australian headquartered investment firm, says that it has launched a $30 million global investment fund. The company says that the fund is mean to invest in companies that are leveraging services based on Bitcoin and other cryptocurrencies which are becoming popular these days.
The FCBF is being led by seasoned digital entrepreneur, investor and Fund Manager Domenic Carosa who has chalked down a path for success. It is Australia’s first dedicated Bitcoin investment fund which is going to source opportunities globally for companies facilitating payments, exchanges, trading and smart property rights based around the Bitcoin.
Bitcoin Has Potential to Dramatically Alter the Manner Financial Transactions Done
Domenic Carosa is of the opinion that Bitcoin has the potential to dramatically alter the manner in which transactions take place across the globe and the power to create new modes of financial connectivity, seamlessly across borders. Nonetheless, the fund is operational from May, is accepting investments from investors around the globe in AUD, USD, RMB and Bitcoin.
The press release informs that the FCBF is also open to receiving expressions of interest from companies interested in applying for investment from the fund. Mr. Carosa said that this is a very exciting opportunity for global investors to participate in the Bitcoin ecosystem via Future Capital’s Bitcoin Fund.
He further added that Australia has low sovereign risk and a globally trusted financial system and that is one of the best destinations for investors. According to him the FCBF team has investment and operational experience with Internet, mobile and tech start-ups along and for that simple reason, it can serve investors competitively.
An Experienced and committed Team at Work for Investors
The announcement from the company says that with over 50 years of collective investment and funds management experience, the team have been involved with over 100 start-up companies, 4 previous funds, managing and raising more than $150m in investment, growing businesses from $0 to $100m in revenue and listing them.
The best part, however, according to the a source from the FCBF is that it admits that Bitcoin is a global phenomenon, and the Australian-based team has global experience across Silicon Valley, Hong Kong, The Netherlands and Germany. Thus, the team at the organization realizes that it can bring profits for investors investing in Bitcoin.
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