The cryptocurrency industry is growing, and it’s growing at an alarming rate.
Not only are institutional investors from Wall Street getting into crypto with the likes of institutional digital asset platforms like Bakkt and Fidelity coming to market, but Harvard University is making its move into crypto as well.
The Harvard University Endowment Fund made an unprecedented investment into blockchain startup Blockstack’s cryptocurrency tokens during its private token sale, which raised over $50 million from venture investment rounds.
Sharing insights on the Harvard University investment is Anthony Pompliano, co-founder at crypto venture fund Morgan Creek Digital, who claims Harvard’s endowment fund invested $5 to $10 million into the token sale:
BREAKING: Harvard’s endowment invested $5M – $10M directly into Blockstack’s token sale.
This means that one of the leading university endowments is comfortable holding tokens directly.
THE VIRUS IS SPREADING 🔥
— Pomp 🌪…