M31 Capital launches a $100 million Web3 fund "Web3 Opportunity Fund"

2022-10-04 21:49:11

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According to Chain Catcher news, the official website of M31 Capital Management, LLC shows that this investment company focused on crypto assets and blockchain technology has launched a new Web3 fund called "Web3 Opportunity Fund," with a fundraising cap of $100 million. It has currently secured $50 million in investment commitments from some leading investors and will focus on investing in decentralized infrastructure, liquidity tokens, and other crypto projects in the future.

According to the official website, representative investment cases of M31 Capital include Arweave, Audius, Cosmos, DEI, Dopex, ENS, and Helium. In addition to this new Web3 fund, M31 Capital has previously launched several crypto fund products, including a Bitcoin fund, DeFi fund, and VC, and pioneered the concept of a "liquidity risk fund." (source link)

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