Founded in 2017, London-based venture capital firm Blossom Capital plans to invest in crypto companies with a third of its $432 million new fund announced.
Blossom Capital, January 18 on $432 million announced its third fund. The company announced the fund consumer, cybersecurity, developer tools, enterprise software as a service, fintech and markets It will be directed to European startups seeking Series A capital in various sectors, including According to the company’s announcement, the capital one-third invested in crypto-backed companies is planned.
Blossom Capital managing partner Ophelia Brown in his statement;
We hold tokens. We will explore the main protocols. We will do much more than we have done before.
made statements.
In November last year, the company 3.4 billion dollars crypto payment company with valuation MoonPayits investment in crypto investment outside does not exist. However, Brown’s $185 million silently without displaying it like a standard equity investment with its second fund tokento and even NFTHe said he invested in The company also to web3 organizations much to develop the infrastructure needed to invest time and resource investment Brown said he did;
We own several NFTs, we won’t explain what’s going on but we do have NFTs.
made statements.
Blossom’s venture in the industry, a role it is currently actively trying to fill, will be led by a new crypto-focused partner.