Zhang Shoucheng, Founder of Blockchain VC Firm Danhua Capital Died at 55

Tabassum Altcoin News December 6, 2018

Zhang Shoucheng, Founder of Blockchain VC Firm Danhua Capital Died at 55

Reports reveal that in fight of depression, professor Zhang Shoucheng who was the founder of blockchain VC firm Danhua Capital died at 55. Besides, an award-winning professor of physics at Standford University, Zhang was also a founding chairman of Danhua Capital.

As per the Chinese report, Zhang had attended the meeting a day before incident which has happened on December 01, 2018. However, the cause of death is not released yet but the family has reported that he was suffering from depression for a long time but the local police closed the case by declaring it ‘a suicide’.

Danhua Capital and Blockchain Projects

It is a venture capital firm which is based in California and assisting tech startups through funding in their early stages. Danhua Capital was established in the year 2013 with an array of ideas including big data, AI, robotics, virtual reality and more. Within a less span of time, the firm appeared to be among the names of major blockchain projects such as Zilliqua, NEO, Aelf, and Ontology.

Moreover, in Mid 2018, DHVC has also tied up with OPEN Platform which claimed to be the first decentralized payment gateway for applications and online transactions powered by blockchain technology. Moreover, in the latest report TRON joined the hands of blockchain portfolio app, Blockfolio which has received the funding from major VCs including Zhang’s Danhua Capital.

TRON (TRX) founder, Justin Sun expressed a sense of grief posting that “Professor’s death – a great loss to the blockchain industry”.

Summary
Zhang Shoucheng, Founder of Blockchain Vc Firm Danhua Capital Died at 55
Article Name
Zhang Shoucheng, Founder of Blockchain Vc Firm Danhua Capital Died at 55
Description
Reports reveal that in fight of depression, professor Zhang Shoucheng who was the founder of blockchain VC firm Danhua Capital died at 55. Besides, an award-winning professor of physics at Standford University, Zhang was also a founding chairman of Danhua Capital.
Author
Publisher Name
Coingape
Publisher Logo
Coingape is committed to following the highest standards of journalism, and therefore, it abides by a strict editorial policy. While CoinGape takes all the measures to ensure that the facts presented in its news articles are accurate.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Author: Tabassum

Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

Post your comment...

Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

Follow Tabassum @