The funds raised will support early-stage crypto startups raising pre-seed, seed and Series A funding rounds. The company has previously raised $175 million from the first venture funding round. A crypto investment company, Polychain Capital, is raising $200 million for a second fund aimed at venture investing. According to CoinDesk, the second venture fund is accepting minimum investments of $1 million for up to three years. The funds raised will support early-stage crypto startups raising pre-seed, seed and Series A funding rounds. According to the Polychain slide deck, the first venture round raised $175 million from its investors. Of this, 40% was forwarded to startups that improved on current blockchain infrastructure and 60% to startups that explored less-tested industry concepts. The deck noted that blockchain networks with enhanced flexibility, privacy and engineering will be prioritized in the second venture fund. Polychain said that with its first venture, it sought exposure to crypto exchanges and custodians through the investments that were considered foundational to the industry. So far, Polychain has backed decentralized finance (DeFi) powerhouse MakerDAO, margin trading book dYdX, blockchain bank Dharma and lending protocol Compound, etc. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Crypto News share Read Next Cardano donates $500,000 to the University of Wyoming for research purposes FX Street 2 years The funds raised will support early-stage crypto startups raising pre-seed, seed and Series A funding rounds. The company has previously raised $175 million from the first venture funding round. A crypto investment company, Polychain Capital, is raising $200 million for a second fund aimed at venture investing. According to CoinDesk, the second venture fund is accepting minimum investments of $1 million for up to three years. The funds raised will support early-stage crypto startups raising pre-seed, seed and Series A funding rounds. According to the Polychain slide deck, the first venture round raised $175 million from its investors. Of this,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
