Express

Union Square Ventures Set To Invest 30% Of Its $250 Million New Fund In The Crypto Space

Mary Liu

Summary: Andy Weissman, the managing partner from Union Square Ventures (USV) stated in today’s blog that its seventh early-stage venture fund--the 2021 Core Fund--has "raised with commitments of $250 million." USV's well-known investments in the crypto field include Coinbase, Polychain Capital, and Dapper Labs. Like before, USV expects a large portion of the investment (about 30%) will ...

Andy Weissman, the managing partner from Union Square Ventures (USV) stated in today’s blog that its seventh early-stage venture fund--the 2021 Core Fund--has "raised with commitments of $250 million."

USV's well-known investments in the crypto field include Coinbase, Polychain Capital, and Dapper Labs. Like before, USV expects a large portion of the investment (about 30%) will be cryptocurrency-related, including the direct holding of tokens or equity in early blockchain-related projects.

By Mary Liu

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? December 7, 2025
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... November 22, 2025
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025
  • You need to login to comment.