Scenius Capital has announced the formation of a new $20 million fund dedicated to investing in emerging blockchain venture funds. This strategic move aims to support smaller, innovative crypto venture capital firms, providing them with the resources needed to nurture groundbreaking projects in the decentralized space. The fund will focus on identifying and backing venture funds that demonstrate a strong understanding of blockchain technology and a commitment to fostering innovation within the crypto ecosystem. This investment strategy reflects Scenius Capital's belief in the long-term potential of blockchain and its dedication to supporting the next generation of crypto entrepreneurs. By providing capital and expertise to these smaller funds, Scenius Capital hopes to accelerate the development and adoption of decentralized technologies. ```