Tuesday, May 17, 2022
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Ethereum
  • Blockchain
  • Dogecoin
  • Ripple
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Ethereum
  • Blockchain
  • Dogecoin
  • Ripple
Crypto News
No Result
View All Result
Home Blockchain

Hashed Launches $200 Million Blockchain-Related Venture Fund

admin by admin
December 2, 2021
in Blockchain
0
Hashed Launches $200 Million Blockchain-Related Venture Fund
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Hashed, a blockchain funding fund from South Korea, raised $200 million in funds to capitalize on its progress within the Web3 sphere. The announcement of Hashed Enterprise Fund II comes only one yr after the launch of Hashed Enterprise Fund I that noticed $120 million in funds raised.

Main firms from the IT trade in South Korea joined the enterprise, which additionally accompanied the promotion of Sean Hong and Baek Kim, two long-time members of Hashed, as Companions.

The aim of Hashed is to maintain specializing in Web3 improvement on a number of fronts akin to nonfungible tokens (NFTs), DeFi, GameFi, amongst others.

Hashed’s Portfolio

Up to now, Hashed is thought for having remodeled 30 focused investments for the reason that launch of its enterprise arm. A few of them embrace dYdX, a serious decentralized trade. Additionally, Republic, NFTBank, and Chai are among the many ventures the place Hashed co-invested collectively with SoftBank Ventures.

“By means of the success tales of DeFi and GameFi, the second fund was launched at an vital time when the protocol financial system started to show its competitiveness. Along with the brand new fund, we’ll develop into Asia’s greatest blockchain-specialized VC, serving as a bridge between the Asian and western communities,” Simon Kim, CEO and Managing Associate at Hashed, advised FXEmpire.

Hashed was additionally an early investor in metaverse-focused initiatives akin to The Sandbox and Axie Infinity.

In Asia, the metaverse has attracted the eye of many individuals and trade gamers, together with the governments like China.

Not too long ago, Gou Wenjun, the anti-money laundering head of the Folks’s Financial institution of China (PBoC), commented that the apex financial institution would regulate the nonfungible token (NFT) and metaverse sectors.

He argued that each industries might be used for cash laundering functions along with cryptocurrencies to their diploma of “interoperability.”

The phrases additionally align with the Chinese language authorities’s present stance towards the crypto and the blockchain sphere, with the newest crackdown launched on the finish of September.

[ad_2]

Source link

Related articles

Cryptocurrency and Blockchain trends and facts 2022

April 2, 2022

Goldman Sachs Predict Bitcoin price After Ethereum Bet

January 11, 2022
Share76Tweet48

Related Posts

Cryptocurrency and Blockchain trends and facts 2022

by admin
April 2, 2022
0

Cryptocurrency is a form of currency which has no physical form and doesn’t require a bank. Cryptocurrency is not controlled...

Goldman Sachs Predict Bitcoin price After Ethereum Bet

by admin
January 11, 2022
0

Goldman Sachs -Bitcoin lost around 40% since peaking in November, down from almost $70,000 per bitcoin to lowest this week...

Binance Officially become AFCON 2021Sponsor

by admin
January 11, 2022
0

Binance Officially become Africa Cup of Nations AFCON 2021Sponsor Blockchain giant Binance has announce is interest to officially sponsor the...

Crypto Crimes increased to the highest number in 2021

by admin
January 10, 2022
0

Crypto Crimes Crypto Crimes increased to the highest number in 2021 Crypto Crimes: Analysis reported recently that criminal received over...

Rising Crypto Use Bullish for New Blockchain ETF

Rising Crypto Use Bullish for New Blockchain ETF

by admin
December 1, 2021
0

A latest research signifies that almost 58% of multinational corporations are utilizing at the least one type of cryptocurrency for...

Load More
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Dogecoin Killer Shiba Inu Launching in South Korea

Dogecoin Killer Shiba Inu Launching in South Korea

November 24, 2021

Goldman Sachs Predict Bitcoin price After Ethereum Bet

January 11, 2022

Binance Officially become AFCON 2021Sponsor

January 11, 2022
Saitama Inu Price Prediction • How High Can It Go? • Benzinga Crypto

Saitama Inu Price Prediction • How High Can It Go? • Benzinga Crypto

November 9, 2021
Justice Department Sets Up National Cryptocurrency Enforcement Team

Justice Department Sets Up National Cryptocurrency Enforcement Team

0
Bitcoin Group Bias Illusion Authority

Bitcoin Group Bias Illusion Authority

0
How differently do traders see the Bitcoin v. altcoins debate

How differently do traders see the Bitcoin v. altcoins debate

0
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 7th, 2021

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 7th, 2021

0

Cryptocurrency and Blockchain trends and facts 2022

April 2, 2022

Changpeng Zhao-Richest Crypto person in the world 2022

April 1, 2022

Best Cryptocurrency to invest in 2022

January 20, 2022

Ethereum, Bitcoin, Shiba Inu, Grow All Up

January 19, 2022

Recent News

Cryptocurrency and Blockchain trends and facts 2022

April 2, 2022

Changpeng Zhao-Richest Crypto person in the world 2022

April 1, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Ripple
  • Uncategorized

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Ethereum
  • Blockchain
  • Dogecoin
  • Ripple

© 2021 Copyright Crypto News