The 20 million USD fund focuses on emerging cryptocurrency venture funds and has just completed fundraising.

Scenius Capital announced the completion of a fundraising round exceeding 20 million USD, supporting early-stage managers with advantages in specific sectors, regions, and cryptocurrency ecosystems.

MAIN CONTENT

  • Scenius Capital successfully raised a fund of 20 million USD to invest in emerging cryptocurrency venture funds.

  • The fund prioritizes supporting first and second round managers with outstanding capabilities by industry or region.

  • ParaFi participates in strategic investment, supporting the expansion of operations and Token market consulting services.

How did Scenius Capital raise the new fund?

Scenius Capital has just completed a fundraising round for a new fund worth 20 million USD, exceeding the registered amount due to strong interest from professional cryptocurrency investors.

According to the announcement, the fund aims to support early-stage fund managers with competitive advantages based on sector, geography, or cryptocurrency ecosystem. Despite the many challenges in the market, Scenius Capital still receives support from many deeply specialized cryptocurrency investors (crypto-native LPs).

Which target group does the fund prioritize in the cryptocurrency industry?

Scenius Capital focuses on investing in cryptocurrency venture fund managers in their first or second round, especially those that possess unique advantages in their segment or region.

This strategy aims to promote potential cryptocurrency startup projects and foster diverse development across different ecosystems. It seeks to avoid excessive concentration on large companies to encourage innovation in the industry.

What is ParaFi's role in this investment fund?

ParaFi has made a strategic investment in Scenius Capital while providing financial support for expanding service offerings and Token market consulting.

ParaFi's support helps Scenius Capital enhance its consulting capacity and develop specialized products for the Token capital sector, creating a competitive advantage in the increasingly complex cryptocurrency investment environment.

"We have gained trust from many professional cryptocurrency investors despite the challenging market context, committing to focus on early-stage managers as a foundation for long-term development."

Representative of Scenius Capital, August 2023

Frequently Asked Questions

What sector does Scenius Capital focus on investing in?

The fund invests in emerging cryptocurrency venture funds, prioritizing support for early-stage managers with specific regional and ecosystem advantages.

How much capital has the new fund raised?

Scenius Capital has completed fundraising of over 20 million USD for a new investment fund, exceeding the initial registration amount.

What is ParaFi's role with Scenius Capital?

ParaFi engages in strategic investment and provides financial support to expand Token market consulting services and develop new product lines.

Is the fund affected by fluctuations in the cryptocurrency market?

Despite the difficult market, Scenius Capital still received strong support from deeply specialized cryptocurrency investors.

Which managers does the fund prioritize supporting?

The fund prioritizes supporting cryptocurrency fund managers in their first or second fundraising rounds with unique advantages.

Source: https://tintucbitcoin.com/scenius-capital-goi-von-20-trieu-usd/

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