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

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 18, 2023 20:51

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.