URL has been copied successfully!
Blockchain Capital is looking to raise $700 million for two new funds, despite declines in the overall cryptocurrency market.
The firm is raising funds for its seventh early-stage vehicle and a second growth fund. Both funds expect to close within the next five to six months, according to Bloomberg News.
Bitcoin (CRYPTO: BTC) and the broader $2.3 trillion digital asset market are bleeding retail capital as traders pivot into equities. Plunging crypto volatility and a new AI-powered edge in the stock market are driving this trend.
Despite the struggling market, other crypto-focused VC firms …
Please follow us:
This post was originally published here
