BlackRock Employees Defect to Blockchain

[kreslik.news]

Three employees of one of the largest investment fund in the world have left to set up a blockchain-focused business, according to Financial News.

The new business is a venture capital fund called Eterna Capital. It aims to raise $20 million from institutional investors to promote blockchain-based products.

The founding CEO of Eterna Capital is Italian national Andrea Bonaceto. The three ex-BlackRock employees joining him are Nassim Olive, Asim Ahmad, and Mattia Mrvosevic.

According to the report, the new fund will invest in products that use blockchain technology to work towards the UN’s Sustainable Development Goals, which are a set of 17 areas ... (read more)