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TechFlow news: L1 Digital, an investment firm focused on digital assets, has raised $152 million for its second venture fund. L1D will allocate 70% of the capital directly into cryptocurrency startups and the remaining 30% into early-stage investment firms focused on crypto.
L1D previously backed industry investment firms including Multicoin Capital, DeFiance Capital, Castle Island Ventures, and 1kx.
L1 Digital, an investment firm focused on digital assets, has raised $152 million for its second venture fund. L1D will allocate 70% of the capital directly into crypto startups and the remaining 30% into early-stage crypto-focused investment firms. Previously, L1D has backed industry investors including Multicoin Capital, DeFiance Capital, Castle Island Ventures, and 1kx.
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