【Former Chief Investment Officer of Chorus One Launches $20 Million Cryptocurrency Fund Frachtis】Golden Finance reports that Xavier Meegan, the former Chief Investment Officer of Chorus One, has announced the launch of a $20 million crypto-native pre-seed fund called Frachtis. Currently, the fund consists of five individuals, with Xavier Meegan serving as the general partner, and the other four forming the investment and advisory committee. It is reported that Frachtis has so far invested in eight projects that are in the Pre-Seed and Seed rounds, including Turtle Club and Hyve.