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The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven. CMCC Global, a crypto-focused venture capital (VC) company, has successfully raised $100 million to offer equity investments to early-stage blockchain startups across Asia with a particular interest in Hong Kong, its home country. In
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The Titan Fund, as it is called, will make early-stage investments in companies across Web3 sectors such as gaming, the metaverse and non-fungible tokens (NFTs), according to an emailed announcement on Wednesday. State Street will serve as the fund’s administrator and EY as its auditor. Original Source
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Animoca Brands has been one of the leading investors in NFTs, blockchain gaming and metaverse-related companies in recent years, with backing from the likes of Singapore's state investment fund, Temasek. Animoca's aim is for Mocaverse to provide Web3-native tools for users to build gaming and other entertainment products. One such
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Syz Group is launching a $50 million fund in collaboration with Hong Kong’s venture capital firm, CMCC Global. The fund, which is scheduled to go live on July 1, will invest in crypto-focused hedge funds. Bank Syz
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Venture capital firm CMCC Global is targeting $300 million worth of investments for its latest crypto fund with the backing of investors, such as billionaire Richard Li and Gemini co-founders, the Winklevoss twins.Richard Li, who backed CMCC’s previous crypto token fund, will roll over to the latest fund along with
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