Funds
Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund
Andressen Horowitz pointed to next-generation payments, decentralized finance, new monetization models and Web3 as use cases it would look into for its new $515 million fund.
DeSo Launches $50M Fund for Decentralized Social Ecosystem
The Octane Fund will fuel development of early-stage social media projects for the blockchain.
Crypto Funds See Inflows, Despite Slower Overall Volumes
Solana, which suffered a network outage that lasted nearly 20 hours last week, saw inflows of $4.8 million.
Algorand Foundation Launches $300M DeFi Innovation Fund
The Viridis DeFi Fund will support development of DeFi applications such as exchanges, money markets and NFT platforms.
BridgeTower Capital, Solana Form $20M Investment Fund
The fund will take equity stakes and tokens in projects designed to develop the Solana ecosystem.
Digital-Asset Funds Reach $50B Despite Outflows
Despite experiencing outflows for the fifth straight week, assets under management in digital funds hit their highest level since mid-May.
Pillar VC Raises $192M for Two Funds With Crypto Focus
The Boston-based firm's investments will be focused on northeast U.S., it said.
Guggenheim Registers Fund That May Seek Exposure to Crypto
The Guggenheim Active Allocation Fund could invest in bitcoin derivatives among other assets.
Cowen Investment Arm Raises Over $46M for New Digital Assets Fund
A division of Cowen created in March is managing the fund.
VC Firm White Star Capital Raises $50M for Crypto and Blockchain Fund
The fund has already invested in six firms, including the Safello crypto exchange.
