TechFlow News, Kraken Ventures plans to launch its second fund in the second half of 2024, with its current portfolio consisting of 80% equity and 20% tokens.
The firm intends to continue investing in blockchain and cryptocurrency startups, particularly those developing decentralized finance (DeFi) projects. Although fundraising is not a priority, the team has been preparing the second fund for several months. They plan to keep backing the same types of startups and help existing portfolio companies advance to the next stage.
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