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Reportedly, two startup accelerators in the US state of Ohio will invest more than $ 100 million in blockchain companies.
According to a report by Cleveland.com, JumpStart, a non-profit organization based in Ohio that supports and finances start-ups, is to invest $ 100 million in early-stage blockchain companies. on corporate or government use cases along with six other state funds.
Another business accelerator FlashStarts, from the city of Cleveland, Ohio, is making $ 6 million available to allow startups to increase pre-seed funding rounds.
The financing plans were revealed at the Blockland Solutions Conference in Cleveland, Ohio, by JumpStart CEO Ray Leach, the news source said.
Leach has suggested that other investment funds in the state are planning to pump up to $ 200 million more in blockchain companies in the coming years, although this news is not officially confirmed.
Ohio is increasingly becoming one of the most pro-blockchain states in the United States last week it became the first state that allows paying taxes in bitcoins. With the move, local businesses will now be able to pay a variety of taxes, from the tax on sales of tobacco to taxes on public services, with cryptocurrency.
Back in August, Ohio legally recognized data stored and processed on a blockchain. At the same time, the legislators too pitched their status as a future hub for blockchain.
Cleveland, Ohio, image via Shutterstock
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