Google-backed encryption company Blockchain plans to raise $50 million in investment in the field of encryption

According to Yahoo Finance, a European cryptocurrency company, Blockchain, backed by Sir Google and Sir Richard Branson, is raising $50 million to invest in startups. Two sources said that Blockchain is currently negotiating with investors to raise venture capital funds. Blockchain hopes to use the money to invest in equity and cryptocurrencies in the field. Sam Harrison, who joined the Blockchain from Naspers Ventures in July 2018, is leading the work.