Blockchain Capital, one of the more established venture capital outfits in crypto, said on Monday that it had raised $580 million for two separate funds—one of the largest crypto fundraising announcements of the year.
The company will allocate $380 million toward what it calls its “early stage” fund, or money to invest in seed or Series A rounds, a spokesperson told Fortune. And $200 million is for its “opportunity” fund that will provide capital for a startup's latter stages of fundraising.
