ChainCatcher news, according to Fortune, German investment firm Lennertz & Co. is preparing to become one of the largest funds in the blockchain space, planning to raise $165 million for its third fund focused on cryptocurrency. Oksana Tiedt, head of fund investments at Lennertz, stated that the fund has completed its first round of fundraising but did not disclose the specific amount.Lennertz is a multi-family office established in 2015, investing in various asset classes, including private equity and traditional venture capital. The firm began its foray into the blockchain space around 2016, initially making private investments in a fund, and launched a $35 million fund in 2020, followed by a second fund of $65 million in 2022.Lennertz does not directly invest in portfolio companies or token trading but invests in other firms, including well-known crypto venture capital firms like Multicoin, Polychain, and Hack VC. The second fund primarily invests in diversified funds with crypto strategies, including Bain Capital, Lightspeed, and Andreessen Horowitz.In its third fund, Lennertz plans to invest in 8 to 10 venture capital funds focused on blockchain, some of which are in Europe, but most are in the United States. Tiedt stated that Lennertz has raised enough capital to invest in two funds, namely the crypto funds of Polychain and Bain Capital.

ChainCatcher news, according to Pymnts, DBS Bank and Ant International have launched a pilot for a blockchain-based financial and liquidity management solution aimed at helping Ant International reduce the settlement time for intra-group transactions from days to seconds.The solution, known as DBS Treasury Tokens, will enable Ant International, a provider of digital payment and financial services, to achieve instant, multi-currency treasury and liquidity management for its entities across multiple markets using digital forms on the blockchain licensed by DBS Bank.Additionally, by combining DBS Bank's licensed blockchain with Ant International's liquidity management solution Whale, Ant International will be able to seamlessly manage its intra-group liquidity.

ChainCatcher news, TrueBridge Capital Partners announced that its five funds have completed fundraising of $1.6 billion, including:TrueBridge Capital Partners Fund VIII raised $884 million;TrueBridge Direct Fund III raised $253 million, focusing on late-stage technology companies;TrueBridge Secondaries I raised $230 million, focusing on a mixed portfolio;TrueBridge Seed&Micro-VC II raised $189 million, focusing on seed stage and micro venture capital;The blockchain fund TrueBridge Blockchain I raised $62 million, focusing on seeking a portfolio of high-potential blockchain projects.It is reported that TrueBridge Capital Partners launched its blockchain fund for the first time. The fund's general partner, Mel Williams, stated that the fund recognized the potential of blockchain technology early on, and launching this dedicated fund emphasizes a continued commitment to this field.

ChainCatcher news, according to Bloomberg, New York-based digital asset investment firm Hivemind Capital Partners has launched a fund dedicated to the intersection of digital art and blockchain, named the Hivemind Digital Culture Fund, and plans to raise at least $50 million for this fund.Hivemind Capital founder and managing partner Matt Zhang stated that the fund has currently completed about half of its fundraising target and plans to continue fundraising throughout the remainder of 2024, before deploying the funds over the next three years.Previously, Hivemind launched a $1.5 billion crypto fund in early 2022, of which half of the funds have already been deployed. The company also launched a $300 million crypto trading fund last April.

ChainCatcher news, according to Ledger Insights, German asset management giant Union Investment has launched a blockchain fund.It is reported that the fund will invest the majority (65%-100%) of its assets in domestic and international stocks related to blockchain, DLT, and digital assets.

ChainCatcher news, blockchain fund Tioga Capital announced that it has raised an additional 20 million euros for its Opportunity Fund, bringing the total investment capital to 85 million euros. Tioga Capital primarily invests in companies that create crypto infrastructure for Crypto and Web3.Tioga Capital was founded in 2020 with the support of fintech investor Jurgen Ingels and cryptocurrency researcher Bart Preneel. Tioga Capital's portfolio includes Belgian blockchain technology provider Venly (formerly Arkane Network), Bitcoin custody company Casa, and Web3 social protocol Lens Protocol, among others.

ChainCatcher news indicates that, according to documents submitted to the SEC in early August, the private equity investment management firm CF Private Equity is preparing to launch its first blockchain-specific fund, named CF Blockchain Ventures LP, which is a private equity fund. The fund is expected to raise $100 million, but the disclosed figure may only relate to the fund's initial closing, and the company's spokesperson declined to comment.It is reported that CF Blockchain Ventures LP, in seeking financing, has selected Commonfund Securities (a brokerage firm also supported by its parent company) and two banks located in Japan and Chile, respectively. Since 2018, CF Private Equity has completed more than 10 blockchain investments.

ChainCatcher news, Singaporean private debt platform Kilde has completed a $1.115 million seed round financing, with participation from Big Sky Capital, Borderless Capital, AXL ventures, Algorand Foundation, and Angel. The funds raised will be used to expand operational scale and market reach, as well as to develop a blockchain-based fund management system called SafeBay.It is reported that SafeBay aims to help blockchain companies manage short-term financial assets and provide on-chain comprehensive credit products that comply with industry regulations. Currently, SafeBay has reached a cooperation agreement with the Algorand Foundation and plans to launch in the third quarter of this year. (source link)

ChainCatcher news, the team behind the Australian venture capital fund Kosmos Ventures has announced the launch of a new investment fund, Zero Age Ventures, focusing on blockchain technology. In the initial phase, the General Partners have committed up to $10 million of their own capital. Zero Age Ventures will allocate significant funds in 2023 and 2024.Kosmos was originally established in 2017 and has made substantial seed investments in protocols such as Solana, Algorand, Polkadot, and Fantom. (source link)

ChainCatcher news, according to Blockworks, asset management giant Franklin Templeton has registered the Franklin Templeton Blockchain Fund II with the U.S. Securities and Exchange Commission (SEC), designating the tool as a private equity fund under the SEC.Documents from the U.S. Securities and Exchange Commission indicate that the fund has set a minimum investment limit of $100,000 for its investors. The open period will not exceed 12 months. (Source link)

ChainCatcher news, according to documents leaked from the U.S. Securities and Exchange Commission, the investment firm TrueBridge Capital, led by seasoned investors Mel Williams and Edwin Poston, has launched a new blockchain fund "TrueBridge Blockchain I." The fund is currently seeking a total of $125 million, and so far, 39 investors have signed investment commitments totaling $55.3 million. (Source link)

ChainCatcher news, according to PR Newswire, the crypto integration platform Hatchfi announced the completion of a $1.2 million pre-seed funding round, with participation from Delta Blockchain Fund, OrangeDAO, Golden.com CEO Jude Gomilla, and a group of other angel investors.Hatchfi allows users to seamlessly connect their crypto accounts to any application just like connecting a bank account, including accounting and tax applications, investment platforms, crypto lending applications, financial tracking applications, and even crypto social applications. Unlike other integration platforms, Hatchfi has no connection limits or synchronization credit issues, similar to linking a bank account through Plaid.It is reported that the company is preparing for a subsequent seed funding round. (Source link)

ChainCatcher news, asset management company WisdomTree will launch 9 new blockchain funds, having received approval from the U.S. Securities and Exchange Commission (SEC), bringing WisdomTree's total number of digital funds to 10. WisdomTree's first digital fund was approved by regulators in September of this year. (source link)

Chain Catcher news, Pantera Capital founder Dan Morehead stated in an interview with Bloomberg that Pantera Capital is seeking to raise $1.25 billion for its second blockchain fund, planning to close the fundraising for the second fund in May 2023. Due to the decline in the valuations of the companies it has invested in, it hopes to acquire more equity in the invested companies. (Source link)

Chain Catcher News, the Managing Director of commercial bank First Wall Street Capital Mena (FWS) Malik Brooks has reached a final agreement with the blockchain and digital asset think tank platform P3 Network (P3) to launch the $1 billion P3 Capital Fund, which focuses on supporting and accelerating the innovative development of the emerging global blockchain industry. (Source link)

Chain Catcher News, Singapore's digital asset and derivatives trading platform Jubi, today announced a strategic investment in the blockchain fund MetaWeb Ventures. In the future, Jubi will also look globally, actively exploring and investing in high-quality funds, institutions, and potential projects in the industry, adhering to a user-centric philosophy, and insisting on compliance and development in parallel, while continuously exploring innovation in the digital finance field.It is reported that MetaWeb Ventures is a global venture capital firm focused on seed pre-round and seed round investments in crypto startups, with its first fund raising a total of $30 million. In addition to Jubi, other investors in this round include the NEAR Foundation, Sequoia China, Dragonfly Capital, GSR Markets, and others.Jubi Exchange was founded in 2013, and as of July 2022, Jubi has provided digital asset and derivatives trading services for over 22 million users worldwide for 9 years. (Source link)