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Blockchain Capital Raises $580M for Crypto-Focused Venture Capital Funds!

1 week ago
in blockchain, CoinPedia, Crypto Live News, Crypto News
Reading Time: 1 min read

The post Blockchain Capital Raises $580M for Crypto-Focused Venture Capital Funds! appeared first on Coinpedia Fintech News

Billionaire Warren Buffett recently stated that most digital coins won’t hold their value, sparking conversations about the fate of cryptocurrency. Despite this, crypto-focused venture capital firm Blockchain Capital has raised $580 million across two new funds, which will be used to back startups in areas such as decentralized finance, gaming, and infrastructure. The raise is one of the biggest for the asset class this year and the largest ever in the firm’s 10-year history. Blockchain Capital currently has $2 billion in assets under management.

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