The cryptocurrency venture capital firm Spice VC plans to raise $250 million for its second fund by the end of the year

According to Chain Catcher news and reported by The Block, the crypto venture capital firm Spice VC stated in an interview that its second fund is expected to complete a $250 million fundraising in mid-Q4 this year, which is five times the size of its first fund, and will invest in areas such as DeFi, GameFi, and digital healthcare.

It is reported that Spice VC's investment cases include Bakkt, ripio, Securitize, INX, and others. In addition, Spice VC founder and managing partner Tal Elyashiv revealed that the fund has returned 82% of the capital to its first-round investors. (Source link)