NEAR will anchor the fund, which has an initial closing of $50 million and a target of $100 million for seed series A investments. The first investment will be in the venture lab, which will work with creators, talent and franchise owners to conceive, validate, test and build the next generation of platforms, according to the press release.
Related posts
-
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to... -
FBI Warns of Ichcoin Targeting American Crypto Investors
The Federal Bureau of Investigation (FBI) has issued a... -
Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup
“Bitwise is likely just catering to things they’re hearing from clients and potential clients,” said James...