Castle Island Ventures, the investment company founded by Nic Carter and Matt Walsh, who previously worked at Fidelity, announced that it will invest $ 250 million in start-up projects that build internet infrastructure and financial services.
Stating that this fund is the third fund of the company, Castle Island said, 30 million dollars It launched its first fund in 2018. Next 2021 in the year 50 million dollars announcing another fund, the company finally 250 million dollars He said he will invest.
Castle Island before has invested asset management company among companies Bitwise, crypto debt provider BlockFi, Casa, ErisX, Matrixport, MoonPay and River Financial companies such as
Company blog on February 16 In his post on his page, “The new fund we announced will support our mission to partner with visionary entrepreneurs who are establishing public blockchain-based companies.” said.
Company partner Matt Walsh said in the post that their company plans to invest in firms that he believes will influence change in the financial services industry.