A $50M blockchain venture fund has just launched. Its niche? Looking beyond Silicon Valley
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Quick Take
- A new blockchain venture fund called Proof Of Capital has announced its arrival on the scene with an eye-opening $50 million raise, arguably joining the heavyweights in the space like Pantera
- Proof of Capital hopes to focus on building Web 3.0 in the long term but on “redefining money” in the short term
- It expects to have finalised between 4 to 7 investments by year end
A new blockchain venture fund is on the scene, boasting a $50 million treasury and a team of big-name partners from Horizons Ventures, Greylock Partners and 500 Startups. It goes by the name of Proof of Capital , and it’s scouting for early-stage blockchain entrepreneurs in need of seed and Series A funding. But unlike […]
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