Share this article
Blockchain Fund Launches With $22 Million Round Backed By Roger Ver
Switzerland-based Pangea Blockchain Fund is launching after closing a $22 million seed round backed by crypto investor Roger Ver.
Updated Sep 13, 2021, 8:56 a.m. Published Feb 27, 2019, 1:00 p.m.
Switzerland-based Pangea Blockchain Fund is making its debut after closing a $22 million seed round backed by crypto investor Roger Ver.
Announcing the news on Wednesday, Pangea said other investors in the round included Copernicus Asset Management, a Swiss firm regulated by the country's Financial Market Supervisory Authority. Copernicus is also acting as investment manager for the fund.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Pangea will invest in “transformative” blockchain startups around the world to provide them with an early-stage capital boost and other resources. The aim is to focus on the “commercial and industrial applications" of blockchain technology, and there are no plans to invest in cryptocurrency, the fund said.
The fund’s Swiss investment advisor is Blockchain Investment Advisory Sagl, while U.S.-based Blockchain Investment Advisory LLC is acting as sub-advisor. Pangea expects to cap its fundraising at $200 million.
James Duplessie, co-founder of Blockchain Investment Advisory Sagl, said he believes blockchain technology will “fundamentally alter the way society collaborates, transacts, governs and brings new concepts to life.”
He continued:
“Blockchain technology has the potential to change the nature of the systems that lie beneath the things we do every day and could be the greatest driver of value creation in our lifetime.”
Maggie Rokkum-Testi, chief investment officer of Copernicus Asset Management, added that the use cases for "a transparent, verifiable register of data transactions are endless.”
Blockchain Investment Advisory Sagl will also launch a Swiss-based incubator to be called Ticino Labs in the coming months.
Roger Ver image via CoinDesk archives
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ETH, SOL, ADA Slide as Bitcoin Sees Year End Profit-Taking
Trading volumes have thinned noticeably in recent sessions, amplifying price moves and reinforcing a defensive tone, some market watchers say.
What to know:
- Crypto markets declined as investors remain cautious amid concerns over technology valuations and mixed signals from the Federal Reserve.
- Bitcoin and ether both saw slight decreases, with most major tokens trading lower, reflecting fragile risk appetite.
- Year-end positioning and thin trading volumes are contributing to the current market weakness, with expectations of continued pressure into the new year.
Top Stories
