Cardano developer house IOHK has set up a $20 million “cFund” alongside Los Angeles-based Wave Financial.
Edit (10:30 UTC): This article previously indicated that Wave Financial was based in Canada. It is, in fact, based in Los Angeles and London.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.