Crypto venture firm Blockchain Capital has moved to raise $700 million across two new funds as investment appetite shows signs of concentration despite a slowdown in overall deal flow.
Summary
- Blockchain Capital has raised plans to secure $700 million across two funds targeting early-stage and growth crypto startups.
- Average crypto deal size has increased by nearly 50% over the past 30 days even as total funding in April has dropped to about $466 million.
Bloomberg, citing a person familiar with the matter, reported that the firm is currently securing capital for its seventh early-stage fund focused on experimental and early-phase projects, alongside a separate growth…
