Deep Tide TechFlow news, on September 26, according to Bloomberg, Theta Capital Management is seeking to raise $200 million for its latest blockchain master fund, aiming to seize early blockchain opportunities.
It is reported that this new fund, named Theta Blockchain Ventures V, will allocate capital to 10 to 15 venture capital firms specializing in digital assets. The fund's target net internal rate of return is 25%. A spokesperson for Theta confirmed the details of the fund's fundraising plan.