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Blockchain Capital Boosts Crypto Bet With $700M Fundraise

Cointelegraph
Blockchain Capital is raising $700 million across two new funds to support both early-stage and mature cryptocurrency projects.

Summary

Venture capital firm Blockchain Capital is raising $700 million to launch two new funds, including its seventh early-stage vehicle and a second growth fund for mature projects. The firm, which already manages over $2 billion in assets and has backed major companies like Coinbase and Kraken, plans to finalize this raise within six months despite a broader cooling in the crypto venture market.

(Source:Cointelegraph)