Cryptocurrency venture capital firm Figment Capital plans to raise $50 million for its second fund

ChainCatcher news, the investment arm of the staking protocol Figment, Figment Capital, is launching its second fund. According to sources, the fund aims to raise $50 million, and the first deal has already been completed. Figment Capital stated, "To achieve global adoption of blockchain, four key challenges must be addressed: scalability, interoperability, privacy, and user experience (UX)." The investment theme of the fund revolves around these four factors.

It is reported that Figment Capital spun out from Figment Inc. in 2021 and invests in early-stage blockchain infrastructure projects. (The Block)