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Crypto News

Crypto.com Capital Expands $200M Fund to $500M

Singapore-based Crypto.com Capital announced today that it is expanding the size of its fund to $500 million, from the $200 million it announced in March 2021. Jon Russell, its newly hired General Partner based in Bangkok, told CoinDesk the fund will do seed and series-A deals, typically up to a $10 million check for the […]

Crypto News

Mechanism Capital Launches $100M ‘Play-to-Earn’ Gaming Fund

“Right now it’s called play-to-earn, but I think there’s a big push among industry participants to try to rebrand to play-and-earn,” Marc Weinstein, head of platforms at Mechanism Capital, told CoinDesk in an interview. “We want to back games that people want to play regardless of the crypto incentives.”

Crypto News

Crypto.com Capital Hires Jon Russell as LP, Hints at Expanding Fund Size

Crypto.com Capital announced Monday that it is expanding its $200 million Web 3 fund, and it has appointed Jon Russell, a former technology journalist based in Bangkok where he wrote for Tech Crunch and The Ken, as an Asia-based limited partner. Crypto.com Capital initially launched the fund in March 2021 with $200 million in capital, […]

Crypto News

Meet the Bitcoin Legal Defense Fund

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW covers: The new Bitcoin Legal Defense Fund from Jack Dorsey and others Crypto nuggets from 250 pages of former Treasury Secretary Steven Mnuchin’s emails The latest out of the Agriculture and Energy committees in Congress as it relates to crypto regulation Crypto […]

Crypto News

Solana Ventures Looks to Boost Web 3 Gaming With Launch of $150M Fund

“Gaming and interactive media would not be a cornerstone of blockchain today if it weren’t for the many technical developments the community has accomplished in the past decade,” Pierre Planche, partner at Griffin Gaming Partners, said in a press release. “Solana is a premier example, having helped pave the way with scalability and [user experience] […]

Crypto News

Crypto Fund Inflows Slow to $88M as Market Retreats

Digital asset investment products saw inflows drop 52% last week to $88 million, as crypto markets saw a downturn. The inflows into crypto funds during the week ended Dec. 10 compared with $184 million the prior week, according to a report Monday by CoinShares. Funds focused on bitcoin, the largest cryptocurrency, accounted for the bulk […]