UTC-05:00,Friday , April 19th 2019

BitMEX Launches Its Own VC Arm

16:51 Thursday , November 08th 2018
Seychelles-based BitMEX, a platform that offers peer-to-peer trading of leveraged Bitcoin contracts, has joined its rivals in launching a venture-capital unit to identify potential crypto firms to invest in.

The new arm of the firm, which has not been previously reported on, is being led by Kumar Dandapani, global head of BitMEX Ventures. Dandapani, a University of Pennsylvania graduate, joined the firm in 2018. Previously, Dandapani was a partner at Nth-Degree Analytics, a quant research, and development firm.
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