Acorns, the world’s largest cryptocurrency investment platform, has announced a new fund for its cryptocurrency-focused audience.
The Acorns Capital Fund will invest in small and mid-cap real estate companies, which have seen their stocks soar since the start of the year.
The fund will be led by Acorns’ Chief Investment Officer, Michael Mair, and will include investment funds and short-term hedge funds that specialize in this type of investing.
The funds will invest $10 million in each fund, according to the fund’s announcement.
Acorns has been one of the most active companies in the cryptocurrency space since its IPO in July 2017.
Acrosion, a real estate company that specializes in residential real estate investing, was one of Acorns largest assets at the time.
Acrons portfolio of cryptocurrencies also includes ether, a virtual currency that was recently created in August 2017, and masternodes, which allow for automated mining of the cryptocurrency in a decentralized manner.
Acers portfolio includes the popular Acorns token, which was the most popular cryptocurrency at the start, and the decentralized cryptocurrency, Acros.
The first cryptocurrency to launch, the Acorns Token was launched on April 21, 2017.
As the token launched, investors received a token called a “token,” which was worth 0.1% of their Acorns balance.
Acos tokens are redeemable for shares in Acorns at a discount rate of 3% per month.
In its announcement, Acorns said that the Acros Token is designed to be a digital token that can be traded at a discounted rate.
The token will have an initial coin offering in September, 2017, according for the fund, and its value will be determined through market capitalization.
Acorn is the latest cryptocurrency to invest into real estate.
Last year, Acorn raised $2 million in a Series A round, and earlier this year, the cryptocurrency surpassed $4 million in value.
In August 2017 alone, Acos raised over $100 million in investment capital.
The crypto-backed crypto-platform has been a major force in the real estate market for years, according its CEO.
Aco is the third most popular currency in the space, behind Bitcoin and Ethereum, according research firm CryptoCompare.
In 2018, Aco added over 10 million users, according the data company.
Acaos ICO, launched on September 6, 2018, was a success, and saw a total of $1.7 billion raised.
The company’s token was worth $1,500 per token at the beginning of the day.
The new Acorns investment will be the first in-kind investment for Acorns.
Acronet, the digital currency-backed cryptocurrency platform, raised $9.3 million in its ICO in March 2018, and is now worth more than $5 billion.
The platform, which has more than 500 million registered users, has grown rapidly since its launch.
The cryptocurrency is currently trading at around $500 per coin.