Venture capital firm Bloccelerate has just announced it intends to raise $100 million to launch a new crypto fund, which would be the company's second.
According to the filing with the US Securities and Exchange Commission (SEC), the Bloccelerate VC Fund II has already raised $20 million from 26 investors since its opening last August 25.
The investment volume has exceeded by $12 million that of the company's first fund, which was launched back in December 2020.
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Bloccelerate has invested in smart contracts platform MakerDAO, Avalanche, auditing firm Quantstamp and blockchain infrastructure startup BlockApps.
The company specializes in token sales, pre-seed and Series A funding rounds.
One of the largest investment firms in the US, Invesco, announced in late summer the launch of a venture fund focused on virtual worlds.