QED's two funds have completed fundraising of $925 million and plan to continue investing in areas such as cryptocurrency

ChainCatcher news, according to Bloomberg, venture capital firm QED Investors announced that its two funds have completed fundraising of $925 million, with one early-stage fund raising $650 million and another early-growth fund raising $275 million. The new funds will support QED's continued investments in the global payments, lending, and cryptocurrency sectors.

According to the crypto data platform RootData, QED has supported fintech companies such as Credit Karma, Klarna, Nubank, and Remitly, and its crypto investment portfolio includes crypto finance company Meow, blockchain development platform QuickNode, and fintech payment company Tribal Credit, among others. (source link)