Amsterdam-based Maven 11 Capital Announces $120 Million Crypto Fund

Amsterdam-based cryptocurrency and blockchain investment firm Maven 11 Capital; announced its $120 million fund for infrastructure-level protocols, DeFi and Web 3.0 applications.

According to a statement released by Maven 11 Capital on Thursday, Venture Fund II The fund, called the fund, was supported by high net worth holders, crypto entrepreneurs, family offices and institutional investors.

While only high net worth individuals participated in the first mutual fund created by Maven, which was established in 2015, the second fund wider managed to reach a group of investors.

The company, which started investing in the cryptocurrency ecosystem in 2017, has since been Celestia, Qredo, Nym Technologies and to Spectral Finance In addition to providing venture capital, Venture Fund II already within the To Merit Circle, Maple Finance, Anoma and to Zapper invested.

Joost van der Plas, one of the partners of Maven 11 Capital, regarding the new fund of 120 million dollars they created, “Investors beyond investing, [yatırım yaptıkları] they also appreciate being active members of communities and ecosystems. It is clear that this is an area that cannot be ignored anymore.” said.

The company’s future investment strategy is expected to focus on decentralized finance applications and non-fungible token (NFT)-themed infrastructure providers.

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