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Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
Nym Technologies Attracts $300M in Crypto Fund Commitments for Privacy Infrastructure
The Nym Innovation Fund, with commitments from investors such as Polychain, KR1, Huobi Incubator and Eden Block, supports projects looking to safeguard privacy in the crypto ecosystem.
Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock
The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin. Already the new group has bought an image of a rock for about $85,000.
Thailand's KBank Starts $100M Fund Targeting AI and Web3
The KXVC fund hopes to become a regional gateway to help global founders in the APAC region.
HashKey Capital's $100M Digital Asset Fund to Invest Significantly in Altcoins: Reuters
Less than half of the fund's investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets.
Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain
The fund will be accessible to professional investors only and will be audited by PwC.
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
The startup offers metaverse creation tools and a list of general blockchain infrastructure solutions.
GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.
Siam Bank Launches $50M Blockchain Fund
The fund will focus on global early- and growth-stage companies that shape the next generation of financial services and digital systems, the venture capital arm of Thailand's oldest bank says.
