The Near Foundation, a non-profit affiliated with Near Protocol, has signed a $100 million equity fund deal with venture capital firm Caerus Ventures.
According to the news of Techfundingnews, Near Foundation, Switzerland-based organization of Near Protocol, a performance provider for decentralized applications (dApp), made a $ 100 million cooperation with Caerus Ventures.
Near Foundation, originally They will make seed investments of 50 million dollars. then in the Web3 industry entrepreneurs, developers and engineers announced that they will provide funding.
Marieke Flament, CEO of Near Foundation, made the following statements in a statement on the subject:
We support Cearus because they have a way of investing based on the decentralization of entertainment.
Nathan Pillai, the founder of Cearus Ventures, said in the statements, “We don’t have a lot of ideas about how Web3 technology will change entertainment, how cultural organizations will be realized and how it will be used. Cearus’ main purpose is to be a driver of innovation in the fields of sports, music, film, fashion, art and gaming that brings out projects for everyone.” made statements.
Near, the 23rd most valuable cryptocurrency according to CoinMarketCap data, $5.2, up 11% rose to levels.