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PayPal And Visa Are Limited Partners In Blockchain Capital's New $300 Million Fund

Mary Liu

Summary: Blockchain Capital announced the launch of a $300 million venture fund, which is the company's fifth fund. PayPal and Visa are the LPs (Limited Partners) of the new fund.  The new fund will continue to focus on crypto infrastructure, such as startups, to support the decentralized finance (DeFi) and NFT fields.  PayPal told Coindesk that ...

Blockchain Capital announced the launch of a $300 million venture fund, which is the company's fifth fund. PayPal and Visa are the LPs (Limited Partners) of the new fund. 

The new fund will continue to focus on crypto infrastructure, such as startups, to support the decentralized finance (DeFi) and NFT fields. 

PayPal told Coindesk that this is the first time the company has invested in a fund focusing on blockchain and digital assets as an LP, providing indirect equity upswing space, as well as understanding the trading models of start-ups in advance. 

By Mary Liu

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