TechFlow news, April 29 — According to an official announcement by ether.fi, the company has launched its first crypto-native venture fund, ether.fi Ventures Fund I, with $40 million in capital.
The fund will focus on early-stage investments in cryptocurrency projects and is led by five individuals, including David Hsu, former investor at Breed VC, and Mike Silagadze, founder of ether.fi. The fund has already completed its first three investments, in Resolv, a decentralized stablecoin protocol; Rise Chain, a Layer2 scaling solution; and Symbiotic, a cross-network staking infrastructure project. ether.fi Ventures will allocate a portion of general partner returns to support the development of the ether.fi ecosystem.
Add to Favorites
Share to Social Media
