CoinFund launches $300M early-stage Web3 venture fund
Cointelegraph
Published Aug 17, 2022 08:00AM ET
Updated Aug 17, 2022 10:20AM ET
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.
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Written By: Cointelegraph
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