frachtis

The professional trading terminal for prediction markets, Fireplace, has completed a $1.5 million pre-seed funding round, led by Frachtis, with participation from several VCs and angels including White Star Capital.The funds from this round will be used to build a cross-platform trading infrastructure for institutional prediction markets, including cross-scenario aggregation, smart order routing, real-time data, institutional-grade execution, charting tools, as well as features like wallets, whale and "insider" tracking.

ChainCatcher news, according to The Block, the former Chorus One executive team has established a new crypto venture fund, Frachtis, focusing on the intersection of blockchain and artificial intelligence, and has completed a fundraising of $20 million.Frachtis will invest in decentralized infrastructure, middleware, and consumer applications, and has currently positioned itself in eight projects including Hyve, Turtle.Club, and Bless network. The fund's limited partners include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures.

ChainCatcher news, Xavier Meegan founded the crypto hedge fund Frachtis in February this year and is currently working to raise $20 million, having been fundraising for about five months. Meegan stated that raising money is quite difficult, as there are not many new LPs in this field. You have to be very different. The first fundraising for a fund is almost harder than ever before.