While some cryptocurrency businesses are shifting base or launching litigations against the government, a small group of influential investors from the country have launched B1T Capital – a U.S.-based incubator focused exclusively on cryptocurrencies.
As per SEC records, the fund was registered on June 26, 2018, in Salt Lake City, Utah, and has raised “close to a million dollars” from undisclosed investors. The entity will exclusively invest in cryptocurrency startups registered in the U.S. via private presales.