The European venture capital firm Lakestar has become a strategic partner of Switzerland-based blockchain consortium the Crypto Valley Association (CVA).
The company was doing well in 2017. It invested to crypto wallet provider Blockchain and bitcoin and altcoin exchange ShapeShift, social media networks Skype, Spotify, Facebook, and Airbnb.
The Crypto Valley Association expects to have amount of benefits from this partnership. Lakestars famously known in attracting funds. It is seems like both sides enthusiastic to work with each other.
“Their experience of investing and assisting technology entrepreneurs effectively scale and internationalize will provide unique insight to support the work of the CVA and our members,” CVA president Oliver Bussman said.
“We look forward to working with the CVA and its members in supporting some of Crypto Valley’s most exciting projects.” assured the partner of the Lakestar Nicolas Brand.
CVA already has more than 600 companies as members of the organisation.