The technology behind the cryptocurrency ether forms the basis for many decentralized financial applications.
(Photo: Bloomberg)
Frankfurt The Berlin financial investor Greenfield One has launched the largest European crypto fund to date. A total of 135 million euros had been collected – from Bertelsmann Investments, Swisscom and CommerzVentures, among others. Greenfield One announced on Wednesday. This means that the fund outperforms the crypto money pots of the current leaders in Europe, Fabric Ventures and Rockaway.
With the fresh money, Greenfield One wants to finance crypto networks, blockchain applications and corresponding development teams. The focus is on Europe and the USA. Investments have already been made in the Paladin ecosystem and the virtual rights manager Darkblock, among other things.
“Web 3.0 has now developed out of its niche,” said Greenfield co-founder Sebastian Blum. Greenfield One invested early in the global blockchain network Celo, in which Deutsche Telekom has now also invested money.
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