Blockchain Founders Fund Completes $75M Web3 Fund

Blockchain Founders Fund Completes $75M Web3 Fund

© Reuters Blockchain Founders Fund Completes $75M Web3 Fund
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  • Blockchain Founders Fund has finished its 2d fund, raising $75 million.
  • The fund will bask in supporting early-stage Web3 tasks with the impartial of reshaping and fostering the mass adoption of Web3 tasks.
  • Polygon, Ripple, NEO World Capital (NGC), and Appworks are a few of the project's backers.

Blockchain Founders Fund, a Singapore-primarily based enterprise capital fund, has launched that it has raised $75 million in its Fund II to make investments in pre-seed and seed stage Web3 and blockchain startups.

The fund, which launched in 2018 and has invested in over 100 tasks, has finished the remaining close of its 2d fund.

The $75 million fund will possible be ragged to make investments in early-stage Web3. As per the click free up, the remaining close noticed the participation of main crypto-targeted merchants, institutions, and family...

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