Cleveland is home for global blockchain VC fund

It’s not something you can say every day: Cleveland is now a local base for a global, blockchain-focused investment fund.

And while Grasshopper Capital will look for investments across the globe, the presence of some of its key advisers here could be all the more significant for relevant startups, particularly those looking for their place in an innovative tech scene the ongoing Blockland initiative aims to develop here.

Although its LLC is based in Delaware, Grasshopper is a legacy Cleveland hedge fund originally designed to invest directly in the myriad cryptocurrencies flooding the sector of digital money.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Jeremy Nobile.

Originally published July 21, 2019.

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