Cryptocurrency News

CoinFund launches $300M early-stage Web3 venture fund

08/18/2022

Less than a minute

2022.08.18 03:02

CoinFund launches $300M early-stage Web3 venture fund

Blockchain venture firm CoinFund has launched a new investment fund devoted to Web3 and other crypto-focused startups, opening the door to fresh funding opportunities for entrepreneurs during the bear market.

The newly launched CoinFund Ventures I will invest $300 million into early-stage companies at the intersection of Web3, cryptocurrency and other blockchain sub-sectors, the company announced Wednesday. The new fund was financed by a combination of institutional investors, family offices and cryptocurrency entrepreneurs.

08/18/2022

Less than a minute

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