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Public Blockchain Focused Castle Island Ventures II Raised $50 Million

Mary Liu

Summary: Castle Island Ventures II, a venture capital fund focusing on public blockchains, has completed fundraising of $50 million, according to an official announcement posted today. Castle Island Ventures raised $30 million for its first fund in June 2018 and invested in 20 startups, including BlockFi, ErisX, River Financial, Casa, etc. The new fund would go ...

Castle Island Ventures II, a venture capital fund focusing on public blockchains, has completed fundraising of $50 million, according to an official announcement posted today.

Castle Island Ventures raised $30 million for its first fund in June 2018 and invested in 20 startups, including BlockFi, ErisX, River Financial, Casa, etc.

The new fund would go forward into the early stages of entrepreneurs leveraging public blockchain technology. Matt Walsh, the partner of Castle Island Ventures, wrote in the announcement: "We believe that public blockchains are a transformative technology and will change the way that we interact with money, value transfer, trusted third parties, and even the fundamental architecture of the internet itself."

By Mary Liu

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