ChainCatcher news, according to Bloomberg, Theta Capital announced that its crypto fund "Theta Blockchain Ventures IV" has completed a $175 million financing round, focusing on investments in early crypto venture capital firms such as Coinfund and Polychain. Since 2018, Theta has focused on digital assets and currently manages approximately $1.2 billion in assets. The fund aims to provide differentiated returns for institutional investors through the professional advantages of "crypto-native" venture capital.

According to Chain Catcher news, Theta Capital's official website has announced the launch of its third blockchain investment fund, Theta Blockchain Ventures III, aimed at continuing to solidify its leading position in the field of crypto-native venture capital.It is reported that the fund's target financing scale is $250 million, with the first round of fundraising already securing $70 million in financing commitments. According to its fundraising schedule, Theta Blockchain Ventures III plans to complete its second round of fundraising by October 31, 2022, which is expected to be the final round of fundraising for the fund. (Source link)