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Billionaire Paul Tudor Jones, Rapper LL Cool J And Other Big Names Backed $72 Million Crypto Fund

Mary Liu

Summary: Emerging VC fund continues to flow into crypto space. According to Yahoo Finance, Glenn Hutchins, the co-founder of Silver Lake and chairman of North Island Ventures, has launched a $72 million crypto venture capital fund. The fund was backed by many big names, such as billionaire Paul Tudor Jones, hip-hop singer LL Cool J, Indra ...

Emerging VC fund continues to flow into crypto space.

According to Yahoo Finance, Glenn Hutchins, the co-founder of Silver Lake and chairman of North Island Ventures, has launched a $72 million crypto venture capital fund.

The fund was backed by many big names, such as billionaire Paul Tudor Jones, hip-hop singer LL Cool J, Indra Nooyi (former CEO of PepsiCo), Anthony Noto (CEO of SoFi and former COO of Twitter), and Wall Street veteran Vincent Viola, etc.

So far, the fund has made seven crypto investments, including Dapper Labs, Flow Blockchain and the team behind NBA Top Shot, Nori, etc.

By Mary Liu

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