AI is having a significant and incredible impact on the world around us. Recently, a research center applied artificial intelligence to X-rays of lungs to detect cancer and COVID-19 even earlier, serious strides are being made in fully autonomous driving systems, and several pharmaceutical companies are using AI to accelerate drug and vaccine development. From just these examples alone, it is clear that AI is improving our lives faster than any previous technology.
However, if you look closer at the state of AI right now, there are two major obstacles to its larger adoption:
Today the Bitfury Group and the Nippon Angel Investment Company (NAIC) announced the launch of a digital currency infrastructure fund, the first of its kind in Japan. The fund will enable individual and institutional investors to diversify their portfolios into digital currency infrastructure. NAIC is a licensed fund manager in Japan, regulated by the Japan Financial Services Agency, and has conducted thorough due diligence into Bitfury as a reliable investment partner.
Despite its distinctive risk-reward profile, institutional capital was previously limited in its ability to enter the digital currency infrastructure sector due to a lack of available vehicles. …
Today the Bitfury Group announced the launch of its institutional investor program, designed to help large investors and family offices diversify their portfolios into digital asset infrastructure.
Previously, there was a limited range of investment products in digital asset infrastructure for institutional investors and family offices. Through Bitfury’s institutional investor program, these groups can now invest in Bitfury’s top-tier data centers across North America and other regions through bespoke investment vehicles.
“The program will allow institutional players to invest within an outstanding risk-reward profile as well as help further adoption of digital assets by making its underlying infrastructure stronger, safer, and more secure,” said Valery Vavilov, CEO and founder of Bitfury. …