Billionaire Bill Ackman is among the early backers of a web3 venture fund focused on supporting the metaverse, gaming, social media and decentralized finance.
Closing on $50 million in funding announced Monday, OP Ventures Fund I counted the hedge fund manager among its supporters which also included Solana co-founder Raj Gokal, Terra founder Do Kwon, Polygon co-founder Sandeep Nailwal, billionaire financier Alan Howard and Asian gaming giant Animoca Brands Corp.