Cryptocurrency News
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
2022.07.08 03:45
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
Venture capital firm Konvoy Ventures is set to fork out at least $30 million to back various cryptocurrency and blockchain-based games.
The American firm announced the launch of Konvoy Fund III, with $150 million in capital that it plans to invest in a variety of platforms and technologies in the global gaming sector. According to Bloomberg, up to 30% ($45 million) of the fund will be allocated to the crypto and blockchain gaming space.