Cryptocurrency venture capital firm Ethereal Ventures has disclosed for the first time that its two funds have a total size of approximately 150 million USD

According to Fortune, the crypto venture capital firm Ethereal Ventures has spoken out for the first time after nearly five years since its establishment. The venture capital firm was co-founded by Min Teo and Ethereum co-founder Joe Lubin in 2021, and its two funds have a total size of approximately $150 million, having invested in over 80 early-stage projects, including EigenLayer.

It is reported that Ethereal Ventures' first fund has performed well in terms of distributed capital return rate (DPI), while the second fund has currently deployed less than a quarter of its capital and still retains ample "dry powder."