Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Hack VC has raised a $150 million fund for the digital asset industry

Hack VC has raised a $150 million fund for the digital asset industry

CointimeCointime2024/02/20 15:22
By:Cointime

According to Bloomberg, venture capital firm Hack VC has announced that it has raised a fund of $150 million specifically for the digital asset industry. Hack VC's managing partner, Alex Pack, based in New York, stated that the company has already deployed about one-third of the new fund, primarily investing in early-stage startups. Companies invested in by Hack VC include blockchain startup Mysten Labs and crypto finance company Amber Group. Hack VC previously raised a fund of $200 million in 2022. In an interview, Pack stated, "The environment is more challenging now than it was a few years ago, but we're doing this because we're very excited about the infrastructure opportunity and everything we're seeing in early-stage venture capital. There are still a bunch of nerds building things underground in the industry, and that hasn't stopped after FTX."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Q4 GDP declined, consumer spending grew

While the figure may show consumer resilience, some argue the boost in spending is just a reflection of higher prices

Blockworks2025/01/31 23:22