Paper Ventures launches a $25 million Web3 venture capital fund

ChainCatcher news, according to VentureBeat, Paper Ventures has launched a $25 million Web3 venture capital fund. The fund was raised through traditional hedge funds, family offices, exchanges, founders, and other early participants in the high-net-worth crypto space.

It is reported that one of the partners, Blakey, is a co-founder of Ascensive Assets and an early supporter of Frax Finance, SEI, Polygon, Injective, Polkadot, Moonbeam, and Cosmos.