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Venture capital business has impressive returns record
Thursday 25 Jan 2018 Author: Steven Frazer

Technology venture capital business Draper Esprit (GROW:AIM) is making a bold play on blockchain, the technology behind bitcoin and other cryptocurrencies.

The £316m company has invested £18m into a £56m series B funding for Ledger, a Paris-based cryptocurrency and blockchain security company.

Draper has a impressive record for making money on its IP-backed stakes, securing a 200% return from nine exits since its June 2016 IPO. (SF)

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