News
James Watters

  • September 16, 2020

    Portrait of Robert Frasca

    RIT invests in blockchain-focused fund Cosimo X

    Cosimo X invests in businesses that use digital assets and blockchain protocols to advance the digital economy. According to industry experts, the investment by RIT marks the first time that any university in the United States has directly invested in a tokenized venture fund. The fund’s parent company, Cosimo Ventures, was co-founded six years ago by RIT alumnus Robert Frasca ’88 (mechanical engineering).