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Report: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós

According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven…

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$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M

“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse.

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Crypto venture capital firms see surging assets under management

Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion.

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Grayscale Investments Launches Smart Contract-Focused Diversified Fund

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors.…

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Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund…

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Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols

The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the…

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