Omers Ventures to investments in bitcoin and blockchain startups

Investing | September 16, 2015 By:

Omers Ventures is reportedly looking at making investments in bitcoin and blockchain startups.

“We hope to find a couple of investments for Fund II related to bitcoin and the blockchain, and the security side of that whole paradigm.” said OMERS Ventures managing director Jim Orlando.

The company indicated on its website that it would place a heavy emphasis on financial tech companies, including those in the bitcoin space.

The Ontario Municipal Employees Retirement System, or OMERS, is one of Canada’s largest municipal pension funds.

OMERS Ventures is the venture capital arm of OMERS, one of Canada’s largest pension funds with more than $65 billion in net assets.