Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

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Source: Coindesk.com

The fund's focus will be on projects in the Bitcoin ecosystem, reflecting a trend in the last 18 months, whereby developers have sought to introduce utility to the world's oldest blockchain network. The fund is anchored by Accolade Partners, a New York-based venture capital firm, which raised over $1 billion for three funds earlier this year.

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The post "Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects" appeared first here Coindesk.com.

Source: Coindesk.com

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