Blockchain Founders Fund raises $75M to support Web3 mass adoption

Blockchain Founders Fund raises $75M to assist Web3 mass adoption

© Reuters
Add to/Rob some distance from Watchlist
Add to Watchlist
Add Situation
Situation added efficiently to:
Please title your holdings portfolio

Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the shut of a $75 million fundraising round from firms equivalent to Polygon, Ripple, Octava, NEO World Capital, Appworks, GSR, LD Capital, Metavest Capital and others, equivalent to Sebastien Borget, chief running officer of The Sandbox.

Essentially basically based on the announcement, the fund will focal point on supporting excessive-potential early-stage pre-seed and seed projects that assist the mass adoption of Web3 and blockchain technology. The fund has already invested in over 100 startups, including Altered Converse Machine, Splinterlands, GRID, Krayon and Magna.

Continue Reading on Coin Telegraph

  BlockFi pros, Gemini named in lawsuit by disgruntled investor

Drop your queries here! ↴ we will answer you shortly.