"Bitcoin Jesus" and the main supporter of bitcoin cash (BCH) cryptocurrency Roger Ver has announced a $200 million Bitcoin Cash Ecosystem Fund.
Details of the fund are yet to clarified but bitcoin.com reports the fund will allow institutional investors to join the fund.
The fund will reportedly incubate startups like payment gateways, processors remittances, wallet and merchant acquirers.
Bitcoin.com CEO Stefan Rust says the company is super excited to launch the $200 million ecosystem fund that will rapidly scale up Bitcoin Cash focused businesses.
"Bitcoin.com receives between 6 to 8 business plans every day from software entrepreneurs leveraging the unique features and capabilities of the Bitcoin Cash blockchain," Rust added.