Theta Capital successfully closed a $175 million funding round for its new fund, Theta Blockchain Ventures IV, which targets early investments in blockchain innovations. Led by Ruud Smets, this initiative seeks substantial growth in the crypto sector, particularly following the recent market recovery.
The fund will support pioneering crypto venture capital firms, indicating a strategic vision to revolutionize digital assets. Industry interest is heightened as market participants recognize the potential for disruptive blockchain technologies.
Ruud Smets emphasizes that this investment strategy aims to stimulate foundational growth and advance regulatory frameworks in the blockchain sector.
Full story here: https://coincu.com/338829-theta-capital-raises-blockchain-fund
