Blockchain Capital, a San Francisco-based blockchain investment fund, officially submitted registration documents for the issuance of exempt securities to the US SEC. Lianwen noted that Exempted Securities is a special concept of the US securities system, which refers to a special form of securities that is exempt from the review and registration of government securities regulatory agencies to issue or list transactions. Lianwen previously reported that Blockchain Capital plans to raise US $ 250 million for the fifth fund. According to the fund’s plan, Blockchain Capotal is expected to end fundraising by the end of the first quarter of 2020 and plans to make 35 to 45 investments in the future. At the same time, the fund plans to use 75% of the funds for equity investments and 25% Invest in crypto assets.