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Blockchain Capital, Backer of Coinbase, Seeks $700 Million for New Crypto Funds

Blockchain Capital, Backer of Coinbase, Seeks $700 Million for New Crypto Funds
Blockchain Capital, a prominent venture capital firm and early backer of Coinbase, is reportedly seeking to raise $700 million for two new funds. The firm aims to capitalize on the growing institutional interest in digital assets and blockchain technology. This move signals strong confidence in the long-term potential of the crypto market, despite recent volatility. The funds are expected to target early-stage blockchain startups and liquid token investments, further solidifying Blockchain Capital's position as a key player in the industry.
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