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Crypto Venture Fund Frachtis Completes $20 Million Fundraising

Summary: According to The Block, former Chorus One executives have established a new crypto venture fund Frachtis, focusing on the intersection of blockchain and artificial intelligence, and has completed a $20 million fundraising. Frachtis will invest in decentralized infrastructure, middleware, and consumer-level applications, with current investments in projects such as Hyve, Turtle.Club, and Bless network. Limited ...

According to The Block, former Chorus One executives have established a new crypto venture fund Frachtis, focusing on the intersection of blockchain and artificial intelligence, and has completed a $20 million fundraising.

Frachtis will invest in decentralized infrastructure, middleware, and consumer-level applications, with current investments in projects such as Hyve, Turtle.Club, and Bless network. Limited partners of the fund include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures.

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