Rockefeller money comes to Brooklyn for blockchain investing

Old money teams up with new ideas in Brooklyn.

CoinFund founder Jake Brukhman.

(Image via YouTube)

The venture capital arm of the Rockefeller family, Venrock, announced a new partnership Monday with Brooklyn crypto investors CoinFund.

Details of the partnership were not disclosed, but CoinFund founder Jake Brukhman told by phone Monday that CoinFund will benefit from Venrock’s investment knowledge and Venrock will benefit from CoinFund’s crypto expertise. Brukhman also said he’s planning on growing the CoinFund team.

Bruhkman met Venrock partner David Pakman on the advisory board of crypto video streaming startup YouNow.

“David Pakman is an exceptionally experienced and talented person and has done a lot of work in trying to understand blockchain infrastructure,” Brukhman said. “This is a great opportunity for us to work together.”

Fortune video series had Pakman on to discuss the new partnership.

In January, we listed CoinFund as one of the 10 Brooklyn blockchain projects to know about for 2018.

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