CoinSwitch Ventures invested $25 million in 12 startups through its Web3 Discovery Fund

2023-05-30 20:56:04

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ChainCatcher news, according to Moneycontrol, India's crypto trading platform CoinSwitch's venture capital arm CoinSwitch Ventures has invested $25 million in 12 startups through its Web3 Discovery Fund, including PYOR, Silence Labs, AirStack, Mohash, Shield, PolyTrade, BitsCrunch, and PlayZap, primarily covering areas such as blockchain infrastructure, blockchain analytics, and real-world asset tokenization.

Previous report, in August 2022, according to the Economic Times of India, CoinSwitch announced the launch of the Web3 investment fund Web3 Discovery Fund, with a size of $10 million, aimed at investing in and incubating over 100 early-stage startups in the Web3 space. The fund's investor partners include Tiger Global, Sequoia Capital, Coinbase Ventures, Ribbit Capital, and others. (Source link)

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