Published: 23 Aug 2017 › Updated: 23 Aug 2017
Cryptocurrency News / 23 August 2017 / Mark Cuban Backs Cryptocurrency Fund
Billionaire investor and Bitcoin doubter Mark Cuban is coming around on cryptocurrency. Despite saying Bitcoin was a bubble in early June, Cuban has backed venture capital firm 1confirmation. The firm not only has plans to invest some $20 million in companies developing blockchain technologies, but it also wants to invest in early stage companies before they head into an initial coin offering (ICO).
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