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Cadenza Ventures Raises $50M In Crypto Fund, Led By Asset Management Company VanEck

Mary Liu

Summary: Venture capital firm Cadenza Ventures announced on Monday that it has raised $50 million for its crypto venture capital fund. Asset management company VanEck led the investment. Solana, Dapper Labs, WorldQuant Ventures, Mirana, TRON, Lennertz, Babel Finance, Social Leverage and individual investors from Coinbase, Kraken Ventures, Angellist and Norwest Venture Partners pariticipated. The company has invested ...

Venture capital firm Cadenza Ventures announced on Monday that it has raised $50 million for its crypto venture capital fund. Asset management company VanEck led the investment. Solana, Dapper Labs, WorldQuant Ventures, Mirana, TRON, Lennertz, Babel Finance, Social Leverage and individual investors from Coinbase, Kraken Ventures, Angellist and Norwest Venture Partners pariticipated.

The company has invested in crypto unicorns FalconX, BlockFi, CoinDCX and FTX's Blockfolio. The new fund, which will be led by Kumar Dandapani and Max Shapiro, co-founders and managing partners of Cadenza Ventures, will look internationally and continue to invest in crypto platforms and blockchain technology.

By Mary Liu

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