BLOCKCHAIN CAPITAL LAUNCHES TWO NEW FUNDS FOR A TOTAL OF $580M

Summary from the TLDR Crypto newsletter

Blockchain Capital has announced two new funds amounting to $580m. The majority of these funds will go towards an early-stage fund, with the remainder set aside for their first-ever "opportunity fund". The targets for investments out of these funds are DeFi, CeFi, centralized infrastructure, decentralized infrastructure, gaming, and consumer or social sectors. The firm plans to deploy this capital over three years but could move as quickly as two years and as slowly as five years.