M31 Capital launches $100M Web3 investment fund with $50M in commitments so far
Cointelegraph
Published Oct 04, 2022 05:00PM ET
Updated Oct 04, 2022 06:40PM ET
Crypto-focused investment firm M31 Capital has launched a new investment fund dedicated to Web3 companies, further underscoring the industry’s shift toward decentralized internet projects.
The M31 Capital Web3 Opportunity Fund will invest up to $100 million in token projects and private equity opportunities within Web3, the company announced Tuesday. Initially, the fund will invest in projects building decentralized internet infrastructure and applications. Presumably, the new investment vehicle will be a “liquid venture fund,” a structure that gives investors liquidity after only a 12-month lock-up period.
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Written By: Cointelegraph
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