Cryptocurrencies
Crypto Venture Firms Challenge the 'Khaki, Sweater Vest' Crowd
- Framework Ventures is one of many upstart, web3 investors
- Firm raised $400 million for its blockchain-focused fund
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Venture capitalists are raising records amounts of money, and that boom is being partly driven by crypto-centric firms like Framework Ventures.
On Tuesday, Framework plans to announce a new $400 million fund to invest in young, blockchain startups, the founders said. It’s the third fund for the two-year-old VC firm, bringing its total assets under management to $1.4 billion.