Guangzhou Government To Launch $142M Subsidy Fund For Blockchain

Guangzhou government is going to launch an RMB1 billion (US$142 million) fund to support the development of blockchain, according to a file released by the Guangzhou government on Tuesday. The file said that the fund will be used to make angel investment, equity financing, etc. to build up a "multi-base + big fund" financial ecosystem. […]

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