Finance

CoinFund debuts $83M crypto startup fund By Cointelegraph

CoinFund debuts $83M crypto startup fund

CoinFund, a blockchain investment firm behind several recent venture raises, has closed an $83 million funding round as part of its ongoing initiative to bootstrap promising crypto-focused startups.

The oversubscribed fundraise was led by Venrock, a California-based venture capital firm founded in 1969. CoinFund said several other “forward-thinking institutional allocators” contributed to the raise, but did not name them.