Blockchain Capital closes funds totaling $580 million to invest in crypto games, DeFi
Venture capital group Blockchain Capital has announced the closing of two new funds totaling $580 million to invest in infrastructure, gaming, DeFi and consumer and social sectors технологии.De the funds will function as Blockchain Capital's sixth early stage fund and the first opportunity fund, and the latter will serve as a reference point for companies that have already received major financing elsewhere.6. Our Early Stage Fund and 1. We were pleased to inform you that 2 new funds, including our Opportunity Fund, have been closed. Together, they represent $580 million and serve to strengthen our commitment to managing the global transition to decentralized systems based on blockchain. ↓https://t.co/Vr2uYnGlF7According blockchain capital in the press release:mixed $ 580 million with $380 million of vehicles to be distributedthe lion goes into the early stage fund and the rest goes into the opportunity Fund. For now, it is still unclear which types of projects the investment fund will prioritize. According to the press release, the company will continue its trend of investing in infrastructure, DeFi, gaming and other financial, blockchain and cryptocurrency opportunities. However, the press release also states that the Blockchain Capital strategy is not about sectors; it is about using blockchain technology to reshape incentives, restore user trust, and revise the social contract in our increasingly digital world.Crypto companies are forming the Texas blockchain group to advocate for open regulation, indeed, the volatility of the crypto Sunday over the past 20 months has shown The dangers of short-term thinking expose many who underestimate this nascent technology, Blockchain Capital writes in a press release, adding: In the last 20 months, we have invested more capital in the next generation of innovators than at any time in our history.The recent closed-end funds are among the largest in the history of cryptocurrencies or blockchain and the largest of Blockchain Capital ever created. Dec. However, this should not be interpreted as a sign that the company intends to continuously increase the size of the fund. vergroten.In an interview with TechCrunch, Spencer Bogart, one of the company's partners, said that the company has no intention of becoming an artificial intelligence fund or a hedge fund and trading tokens, adding that he does not see future funds becoming much bigger than what you see here.