According to a limited partner (LP) of crypto venture capital firm Blockchange, the venture capital's first fund has completed a total allocation of more than $530 million to investors in March this year, and the fund has allocated more than $860 million since its inception.
Previously, Bloomberg revealed that crypto venture capital firm Polychain Capital is paying large sums of money to investors in its two funds. According to people familiar with the matter, the institution began allocating 44% of the Polychain Ventures II fund to investors at the beginning of this month. Polychain initially raised funds for the fund for about 3 days in 2019, and its current value may be higher than $100 million.
Blockchange's First Fund Allocates Over $530 million to Investors
2024-05-20 12:17:49
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