Share this article
Crypto Venture Firm to Invest 200K Ether in US Startups
A China-based venture firm focused on the crypto industry aims to invest 200,000 ethereum in U.S. startups
By Wolfie Zhao
Updated Sep 13, 2021, 8:07 a.m. Published Jun 28, 2018, 9:00 a.m.
A China-based venture capital firm focused on the blockchain industry is launching a U.S. branch with 200,000 ethereum available to invest in blockchain startups – an amount that worth $86 million at press time.
According to a WeChat post published by the company, Node Capital, the plan was announced during an event in San Jose, California, on Wednesday. The VC firm detailed that it will set up a U.S. office with a local team aimed to increase its portfolio of blockchain startups from the Silicon Valley.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company did not provide an expected timeline for its U.S. launch.
Currently the Beijing-based firm has invested in over 160 crypto startups, 80 percent of which are from China, according to Du Jun, founder of Node Capital, who spoke at the event.
Some of the more notable startups the firm has invested in include hardware wallet maker Coldlar and Jinse Finance, one of the largest crypto media outlets in China. Node has also backed over 20 crypto exchanges, such as FCoin, a new platform that has made headlines recently with its controversial "trans-fee mining" revenue model.
Du Jun was also one of the first investors in China to have become active in the cryptocurrency industry. He notably co-founded the Huobi exchange in 2013 with Li Lin, CEO of Huobi Group.
Ethereum image via Shutterstock
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
Boring Bitcoin's Green Light Moment Incoming?
BTC continues to bore traders with its directionless price action. But some indicators are pointing to renewed bullishness.
What to know:
- The Federal Reserve's recent rate cut did not significantly impact bitcoin's price, which remains directionless.
- Bitcoin's MACD histogram signals potential bullish momentum, while the dollar index's points bearish.
- The ETF flows continue to disappoint.
Top Stories
