- Blockchain Founders Fund has accomplished its second fund, elevating $75 million.
- The fund is concentrated on supporting early-stage Web3 initiatives, with the aim of restructuring Web3 initiatives and facilitating mass adoption.
- Polygon, , NEO World Capital (NGC), and Appworks are a few of the venture’s backers.
Blockchain Founders Fund, a Singapore-based enterprise capital fund, has introduced that it has raised $75 million in Fund II to put money into pre-seed and seed stage Web3 and blockchain startups.
Launched in 2018 and having invested in over 100 initiatives, the fund has accomplished the ultimate closing of its second fund.
$75 million in funding will likely be used for early-stage Web3 investments. In line with a press launch, the ultimate round-up was attended by main crypto-focused buyers, establishments, and households…
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