The blockchain space is getting hotter as the technology acquires more and more use cases. High profile cross-overs from traditional tech companies to blockchain are on the rise. On that front, Steve Wozniak, co-founder of Apple, has joined EQUI Global as the latest to join the growing blockchain community.
Apple of course is now the largets company in the world by market cap. Alongside Steve Jobs, the two steered the company to the giant it is today.
Wozniak has spoken out several times about blockchain technology and the potential benefits that come with it. In a YouTube interview, Wozniak alongside three other co-founders announced the move to join EQUI Global. Basically, the company is a venture capital fund focusing on blockchain technology, Verdict reports.
Further, Verdict explains that EQUI Global aims to disrupt the traditional nature of the blockchain industry. It will also focus on non-institutional investments. This reveals the confidence the founders have in the blockchain startups that are leading the technological revolution.
In addition, the new outfit will facilitate cryptocurrency trades. Particularly, it will enable investors to trade their investments on external cryptocurrency exchanges in the form of EquiTokens.
Disrupting the blockchain space
Wozniak will bring his experience to bear in identifying viable investments. His presence adds credibility to the company’s efforts to facilitate the growth of blockchain. In the interview, Wozniak said, “I get ideas pitched to me every single day in fact dozens and I always say no. Since I co-founded Apple with Steve Jobs, this is about the second time in twenty years that I actually said yes.”
Further, he notes that his presence in the EQUI team is a product of belief in the company. “I want to be a part of this. It has to be something I really believe in and I really believe in EQUI,” Wozniak adds.
A press release indicates that Steve Wozniak joins EQUI Global alongside Doug Barrowman and Baroness Michelle Mone OBE. The release further elucidates that about 80% of EQUI’s investments will be in technology companies.