
The blockchain component to the $50 million Global Opportunity Philadelphia Fund (GO Philly Fund), a startup-fueling initiative from Ben Franklin Technology Partners and EPAM System, is now live.
After an initial close of $15 million, the fund — which also has participation from Provco Group, Fulton Bank and SRI Capital — has begun offering digital securities on an Ethereum blockchain, with help from Redwood, Calif.-based Securitize.
Blockchain and cryptocurrency-focused news site Coindesk reports that each GO Philly token “will be available for purchase by accredited investors at $0.50 apiece, in dollars, Bitcoin or ether.”
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