Canonical Crypto Launches $20M Inaugural Fund Backed by Marc Andreessen, Chris Dixon

Canonical Crypto expects to invest in 40 to 50 projects with the first fund, writing checks ranging from $250,000 to $500,000 for pre-seed to seed round investments. The firm will offer operational support with a focus on helping founders figure out how to tailor their tooling for the right set of users and a go-to-market strategy to get the solution to the best audience.

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