TechFlow reports that CMCC Global, a Hong Kong-based venture capital firm focused on cryptocurrencies, has raised $100 million for its new fund, Titan Fund. Investors include Block.one, Richard Li's Horizons Ventures, Winklevoss Capital, Janchor Partners, and Yat Siu, founder of Animoca Brands.
The new fund aims to support Asian blockchain startups driven by Hong Kong's virtual asset ecosystem, responding to the funding crunch triggered by the cryptocurrency industry downturn.




