Drop in ruralco profits to the $10m to $15m range with a 30% share.
Fellow investors included investment banker Joe Kocher, financier Chris O’Neill and hedge fund manager Anthony Farge.
The fund, which also owns more than $2m in bonds and equity, is one of several with a big focus on technology with the goal of tapping the $100m market cap of bitcoin and blockchain technology.
Last month, the fund said it was planning a launch in London of a new software platform, which will provide investors an alternative to the traditional fund model. It said it was exploring a mix of public and private investment.
While bitcoin has become mainstream, it is not without its risks, including tax fraud and money laundering and illegal money crossing its shores. Last week, the bank was forced to shut down one of its US operations a솔레어 카지노fter an investigation found that it was facilitating money laundering via bitcoin accounts.
(Writing by Daniel Trotta; Editing by Dominic Evans)