Silicon Valley cryptocurrency fund DraperDragon nqis peev $ 100 lab hauv Indian startups

On November 30, the Indian Trading Times reported that the Silicon Valley Crypto Fund and its first venture capitalist, the Draper Dragon Fund, were preparing to enter India and invest between $ 75 million and $ 100 million in local startups. blockchain and cryptocurrency. Regarding regulatory uncertainty, Andrew Tang, partner at Draper Associates, said: In the long term, the crypto industry in India will improve dramatically. The fund has offices in Toronto, Shanghai, Hong Kong and Singapore. India is headquartered in Bangalore. Draper also hopes to invest in the Metaverse, NFT and gaming project. (Economic period)