Sei Foundation launches Sapien Capital, a $65M DeSci venture fund

#SeiFoundation launches #SapienCapital , a $65M venture fund to back #DeSci startups building on its #Layer1 #Sei blockchain. The Sei Foundation has allocated the full $65M for the fund but may collaborate with external investors or limited partners in the future.

Sapien Capital will invest in tokens and equity of DeSci startups, with investment amounts ranging from $100K to $2M. The fund intends to invest its entire capital within the next three to four years.

👉 theblock.co/post/337808/sei-foundation-desci-venture-fund-sapien-capital