With growing speculation in global cryptocurrency markets and the struggle to find real-world applications for cryptocurrency, millennial-owned Newport Beach investment firm Vosht Capital, has announced the inception of a $50 million proprietary fund that has become the first of its kind to use bitcoin or BTC as a currency to invest in venture capital.
Through innovative “drawdown” strategies, Vosht has taken the volatility out of bitcoin in what very well could be the first step towards normalizing the currency and stabilizing its market price. Vosht is now cutting the rates, transaction costs, and conversion fees for its crypto investors as well as providing significant income tax advantages.
Read the full article: https://www.washingtonexaminer.com/red-alert-politics/millennial-owned-investment-firm-becomes-first-ever-to-purchase-equity-assets-with-bitcoin