Apple’s Steve Wozniak Co-Founds a Blockchain-Focused Venture Capital Fund

Apple’s Steve Wozniak Co-Founds a Blockchain-Focused Venture Capital Fund

Apple co-founder Steve Wozniak becomes a co-founder of a recently launched blockchain-focused venture capital fund EQUI Global, business outlet Verdict reports. In EQUI Global Steve Wozniak will head up technology investments and help find tech startups.

EQUI aims to act as an investment firm and help both retail and professional investors purchase equity in companies, replacing traditional investing firms. EQUI will be a venture capital fund focusing on blockchain technology and will be built on a blockchain-powered backend that allows value to be realized and then traded in the open market through EquiToken. The new fund aims to change the concept of the traditional industry by enabling non-institutional investments, as well as allowing investors to trade on external crypto exchanges via EquiTokens. Investors could buy into the Fund and then trade out through the liquidity created by the EquiToken as the token infrastructure is built using the Ethereum platform. Up to 80% of EQUI’s investments will be in technology companies, with the balance of 20% being in non-tech assets, such as real estate and investment collectibles such as art and vintage cars.

As Wozniak stated, the company’s mission is to “seek, support and fund the blockchain and tech stars of tomorrow.” Wozniak noted that the company has already partnered with “over 20 businesses” that have not been launched officially.

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