Coinbase Seed Investor to Expand to China, CEO Is Pro-Blockchain

  • Yuri Molchan
    📰 News

    Y Combinator sets up a China branch, employing former COO of Baidu as the chief


Coinbase Seed Investor to Expand to China, CEO Is Pro-Blockchain

Y Combinator, the investment company from Silicon Valley, that provided seed investment to the numerous famous startups like Reddit, Dropbox and the crypto exchange Coinbase, is moving to conquer the Chinese market.

The Chinese division will be headed by Lu Qi, who used to be the COO of Baidu, the Chinese version of Google.

Lu Qi is very bullish on Blockchain, believing that startups are going to benefit a lot from this technology and its high potential.

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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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