RSP Blockchain Tech Fund Pte. Ltd.

RSP Blockchain Tech Fund Pte. Ltd. is a blockchain fund established by the Japanese internet company Recruit. Launched in November 2018 with a capital of $25 million, the fund focuses on making rapid investments in blockchain-related startups globally. It aims to promote the development and dissemination of blockchain technology through investments in companies that use tokens for fundraising. The fund's investment strategy includes methods other than the acquisition of shares and considers investments in accordance with the regulations of each jurisdiction. Its first investment was in Beam, an Israeli blockchain startup.