Today news
About the same in other media
Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund
Reading now: 781
Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web3 and social projects, potentially setting the stage for the next wave of budding crypto startups.
Ohanian announced Tuesday at the Breakpoint conference in Lisbon, Portugal that his Seven Seven Six venture firm and Solana Ventures have allocated $100 million to Web3 and “decentralized social projects.” In an accompanying news release, the internet entrepreneur touted his venture firm’s expertise in “identifying and investing in early social and crypto trends,” which include Reddit, Patreon and Coinbase, among others.
Raj Gokal, the COO of Solana Labs, said “Web3 turns users and creators into owners and stakeholders, a change
Read more on cointelegraph.comAbout this in other media
The power of cheap transactions: Can Solana's growth outpace Ethereum? cointelegraph.com /3 years ago
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors cointelegraph.com /3 years ago
Paradigm unveils new $2.5B crypto fund cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
