Crypto Fund Hack VC Is Preparing At least $100 Million Crypto Investments
Key Points:
- Crypto fund Hack VC is raising over $100 million for a new fund targeting seed-stage investments in crypto startups.
- This marks another significant move for Hack VC, following its $150 million raise in February for Venture Fund 1.
Crypto fund Hack VC, a prominent player in the investment realm, is reportedly in the process of raising a substantial sum of funds for its latest venture.
Crypto Fund Hack VC Initiates Ambitious Fundraising Drive for Crypto Startups
According to sources familiar with the matter, the company is aiming to secure at least $100 million for a new fund, as reported by Bloomberg. This new fund, targeting seed-stage investments, marks another significant move by Hack VC in the crypto startup landscape.
Crypto fund Hack VC has built a reputation for its active involvement in funding rounds within the cryptocurrency sector. Notable investments include sponsorship deals for platforms like AltLayer rollups and ImgnAI AI, as well as backing DeFi applications like Affine Protocol. The company’s portfolio boasts names such as Mysten Labs, EigenLayer, Amber Group, and ConsenSys.
Crypto-native VC Firms Seize Opportunity Amidst Market Optimism
The current market climate, characterized by optimism, has seen an uptick in activity among crypto-native venture capital firms. Hivemind Capital is in the process of establishing a $50 million nonfungible token fund, while Framework Ventures recently co-led a $69 million round for the Berachain blockchain platform, valuing it at $1.5 billion.
Earlier in February, the company successfully raised $150 million for its Venture Fund 1, bolstering its total assets under management to $425 million. The forthcoming fund is poised to support startups operating in various domains, such as artificial intelligence, security infrastructure, decentralized finance, and other Web3 initiatives.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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Crypto Fund Hack VC Is Preparing At least $100 Million Crypto Investments
Key Points:
- Crypto fund Hack VC is raising over $100 million for a new fund targeting seed-stage investments in crypto startups.
- This marks another significant move for Hack VC, following its $150 million raise in February for Venture Fund 1.
Crypto fund Hack VC, a prominent player in the investment realm, is reportedly in the process of raising a substantial sum of funds for its latest venture.
Crypto Fund Hack VC Initiates Ambitious Fundraising Drive for Crypto Startups
According to sources familiar with the matter, the company is aiming to secure at least $100 million for a new fund, as reported by Bloomberg. This new fund, targeting seed-stage investments, marks another significant move by Hack VC in the crypto startup landscape.
Crypto fund Hack VC has built a reputation for its active involvement in funding rounds within the cryptocurrency sector. Notable investments include sponsorship deals for platforms like AltLayer rollups and ImgnAI AI, as well as backing DeFi applications like Affine Protocol. The company’s portfolio boasts names such as Mysten Labs, EigenLayer, Amber Group, and ConsenSys.
Crypto-native VC Firms Seize Opportunity Amidst Market Optimism
The current market climate, characterized by optimism, has seen an uptick in activity among crypto-native venture capital firms. Hivemind Capital is in the process of establishing a $50 million nonfungible token fund, while Framework Ventures recently co-led a $69 million round for the Berachain blockchain platform, valuing it at $1.5 billion.
Earlier in February, the company successfully raised $150 million for its Venture Fund 1, bolstering its total assets under management to $425 million. The forthcoming fund is poised to support startups operating in various domains, such as artificial intelligence, security infrastructure, decentralized finance, and other Web3 initiatives.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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