The famous and multimillionaire Rockefeller family this time bet by one of the greater advances of the digital technology, the cryptocurrencies. Venrock, who is the venture capital subsidiary of the Rockefeller company, recently signed a partnership with the investment company in Blockchain and cryptocurrency platforms, CoinFund.
This news was announced by David Pakman who is a partner of Venrock and was broadcast through the American media Fortune, in an episode of "Balancing The Ledger". This partnership will allow Venrock to get involved in the world of cryptocurrencies through the business entrepreneurs of Blockchain.
In the news, Pakman spoke about the Rockefeller Foundation's disinterest in short-term profits through cryptocurrencies, which they believe are the product of a speculative market and accuse them of a financial bubble.
From David Pakman's own words "the organization plans to get involved with cryptographic assets" he also stressed that CounFund leads a powerful team in the creation of innovative projects related to Blockchain technology that are very interesting and useful for the stock market.
The incorporation of cryptocurrencies in the stock market
The incorporation of cryptocurrencies in the stock market is becoming more noticeable and the legal admission of these could be very profitable for both industries.
It is noteworthy that CoinFund leads an investor project with the aim of helping new companies or that are just growing that wish to make an initial offer of currency (ICO). Through this platform it will be possible to connect both parties so that a mutual benefit is obtained and that the financing round complies with all the regulations.
Both David Pakman and Jake Brukhman, co-founder of CoinFund, agree on the enormous potential of cryptocurrencies to eliminate intermediaries and increase the security of investments.