Venture capital firm CMCC Global has completed a $100 million fundraising for its new fund, aimed at supporting blockchain startups

ChainCatcher news, Hong Kong-based crypto venture capital firm CMCC Global has raised $100 million for a new fund called "Titan Fund," with participation from Block.one, PCCW Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu.

CMCC Global co-founder Martin Baumann stated that the Titan Fund is CMCC Global's fourth fund and will provide equity investments for early-stage blockchain startups, with a focus on Hong Kong. He added that among the five investments already made, two are Hong Kong companies.