“Our combined expertise allows us to navigate the complexities of the digital asset landscape and continue delivering value to our investors,” states DNA Fund CEO, Christopher Miglino.
Browsing: Venture Capital Firm
Amidst the tumultuous seas of a crypto market grappling with volatility over the past 20 months, Blockchain Capital’s achievement of its largest fundraise in a decade stands as a testament to the trust investors place in their long-term vision and expertise.
Despite market challenges, this partnership highlights Momentum Capital’s expertise in navigating crypto market dynamics and its commitment to advancing Web3 projects.
“While there may be more chop in the market, we are confident that the worst has been priced in and that this will be looked back on as an exceptional time to be planting seeds in this space,” states Druid Ventures founding partner, Chris Pizzo.
The fund will focus on supporting builders in addressing infrastructure gaps to drive the mass adoption of web3.
Fineqia has identified segments such as blockchain infrastructure, decentralized finance (DeFi), and the metaverse, including gaming, media, and entertainment, as key investment areas.
“It’s clear that blockchain technology can transform industries… We want to see startups unlock the potential of blockchain technology with real-world utility for the global market,” states Brooks Entwistle, Senior Vice President and Managing Director at Ripple.
The fund aims to streamline mass adoption of blockchain technology and redefine the future of the Web3 ecosystem.
Amine Nedjai, CEO at ABO Digital, said the launch is timely as the digital asset space is expected to come out of the crisis stronger in the next cycle.
Through its series of blockchain venture funds, Theta has exposure to over 80% of leading crypto projects from an early stage.