Borderless Capital announced today it will move its headquarters from Atlanta to the Magic City, where it will launch a new $25 million fund for local startups that use Algorand blockchain technology and the cryptocurrency ALGO.
Miami was chosen because of its blockchain-friendly outlook, driven in a large part by pro-bitcoin Mayor Francis Suarez.
"With the support of Algorand, Circle and other top local partners, we’re building an ecosystem in line with our vision for Miami," Suarez said. "I am so excited to work with Borderless.Miami to make Miami the epicenter for digital capital markets in our pursuit of becoming the ‘Capital of Capital’."
You can read more on Coindesk, Bizjournals and Yahoo! Finance.
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