{"id":36381,"date":"2021-02-12T19:14:26","date_gmt":"2021-02-12T17:14:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36381"},"modified":"2025-08-29T06:04:47","modified_gmt":"2025-08-29T03:04:47","slug":"kraken-launches-venture-capital-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kraken-launches-venture-capital-fund\/","title":{"rendered":"Kraken launches venture capital fund"},"content":{"rendered":"<p>The American bitcoin exchange Kraken has launched a venture capital fund to invest in early-stage startups in the fields of cryptocurrencies, decentralised finance, blockchain, and fintech.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\ude80 We\u2019re supporting the launch of a new independent initiative to actively invest in early stage cryptocurrency &#038; fintech startups. Read about Kraken Ventures on our blog. <a href=\"https:\/\/t.co\/lClVRSoEln\">https:\/\/t.co\/lClVRSoEln<\/a><\/p>\n<p>\u2014 Kraken Exchange (@krakenfx) <a href=\"https:\/\/twitter.com\/krakenfx\/status\/1359873104768606210?ref_src=twsrc%5Etfw\">February 11, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Kraken Ventures&#8217; general partner Brendon Gat, in comments to The Block, noted that the fund would focus investments in North America and Europe.<\/p>\n<p>According to him, a single startup would receive on average from $250 000 to $3 million, though the amount could be larger or smaller. Kraken Ventures plans to announce its capital in the coming months.<\/p>\n<p>Together with Gat, the fund will be led by Kraken&#8217;s senior executives Kirill Gurov and Akshi Federici, with a fourth partner possibly joining them in the first half of 2021.<\/p>\n<p>Coinbase&#8217;s venture arm has been active in investments for several years. Among Coinbase Ventures&#8217; latest investments are: <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-and-coinbase-invest-25-million-in-terra-stablecoin-ecosystem\">Terra stablecoin ecosystem<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/vauld-an-indian-crypto-platform-raises-2-million-from-coinbase-and-pantera-capital\">Vauld<\/a> lending platform, and <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-backs-titan-a-mining-infrastructure-software-developer-and-launches-asset-hub\">Titan<\/a>, a software developer for mining.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American bitcoin exchange Kraken has launched a venture capital fund to invest in early-stage startups in the fields of cryptocurrencies, decentralised finance, blockchain and fintech.<\/p>\n","protected":false},"author":1,"featured_media":36382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[193,1133],"class_list":["post-36381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kraken","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36381"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36381\/revisions"}],"predecessor-version":[{"id":36383,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36381\/revisions\/36383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36382"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}