Fasanara Capital, a London-based venture capital firm, intends to raise $350 million for a fund that will invest in crypto and fintech startups, The Block has reported.
Francesco Filia, CEO of the firm, has said in an interview that the company, which was founded back in 2011 and has $3.5 billion in assets, has already raised $100 million.
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According to him, this is the first structure that will select projects related to digital assets. The previous two, with total assets of $550 million, focused exclusively on supporting fintech startups. In the new fund, funds will be distributed in the ratio of 60:40 in favor of the latter.
Fasanara Capital is particularly interested in areas such as infrastructure and trading platforms. The company acts as a liquidity provider in the digital asset market.