Cryptocurrency venture capital firm CoinFund seeks to raise $250 million for its seed fund

ChainCatcher news, according to a new filing submitted to the U.S. Securities and Exchange Commission (SEC), cryptocurrency-focused investment firm CoinFund is seeking to raise $250 million for its new seed fund CoinFund Seed IV, with sales not yet open, meaning the fund is not yet available to investors.

CoinFund was founded in 2015, initially focusing on seed-stage investments in Bitcoin and decentralized finance (DeFi) projects. Its portfolio includes NBA Top Shot creator Dapper Labs, blockchain infrastructure provider Blockdaemon, and data indexing protocol The Graph. Earlier in August, the company launched the $300 million CoinFund Ventures I fund. (source link)