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January 24, 2018  

Startup Preps Crypto Fund of Funds

A technology investor and entrepreneur is launching a cryptocurrency fund of funds.Eric Weiss expects to bring in as much as $10 million in cash contributions by the time his startup, Blockchain Investment, begins trading next month via a fund of the same name. The vehicle will deploy capital to hedge funds that invest in a diverse mix of digital assets.Weiss plans to charge investors management fees of 1-1.5%, along with a 10% performance fee on...

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