PANews June 23 news, according to The Block, former Chorus One executive team has established a new crypto venture capital fund Frachtis, focusing on the intersection of blockchain and artificial intelligence, and has completed a fundraising of 20 million USD. Frachtis will invest in decentralized infrastructure, middleware, and consumer applications, and has currently invested 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.