{"id":51355,"date":"2021-10-18T13:09:06","date_gmt":"2021-10-18T10:09:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51355"},"modified":"2025-09-02T23:18:05","modified_gmt":"2025-09-02T20:18:05","slug":"tribe-capital-to-launch-a-75-million-fund-for-crypto-startups","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tribe-capital-to-launch-a-75-million-fund-for-crypto-startups\/","title":{"rendered":"Tribe Capital to launch a $75 million fund for crypto startups"},"content":{"rendered":"<p>Known for investments in DCG, FTX and Kraken, Tribe Capital will launch a $75 million venture fund. Three quarters of the funds will go to startups in the United States, the remaining 25% to startups in other regions of the world.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Venture Capital firm <a href=\"https:\/\/twitter.com\/TribeCapital1?ref_src=twsrc%5Etfw\">@TribeCapital1<\/a> is planning to launch a $75 million crypto fund, with 75 percent invested in U.S. projects and 25 percent invested internationally. @FloatingPointGroup announced A $10 million Series A funding round that included Tribe Capital.<\/p>\n<p>\u2014 TuoniaoX.com (@tuoniaoX) <a href=\"https:\/\/twitter.com\/tuoniaoX\/status\/1449268554587512836?ref_src=twsrc%5Etfw\">October 16, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to sources cited by CoinDesk, Tribe Capital initially planned to raise $50 million. Strong investor interest allowed raising the target to be increased.<\/p>\n<p>The structure will focus on participating in <span data-descr=\"simple agreement for future tokens\" class=\"old_tooltip\">SAFT<\/span>, buying tokens of early-stage projects, yield farming, and mining.<\/p>\n<p>In September, during a Series A round, the fund invested $10 million in Floating Point Group. The company offers custody services and algorithmic trading of assets.<\/p>\n<p>Paradigm <a href=\"https:\/\/u1f987.com\/en\/news\/media-paradigm-to-launch-venture-fund-for-crypto-startups\">will create<\/a> a venture fund sized between $1.25 billion and $1.5 billion to finance cryptocurrency startups.<\/p>\n<p>In June, Andreessen Horowitz <a href=\"https:\/\/u1f987.com\/en\/news\/andreessen-horowitz-launches-third-crypto-fund-worth-2-2-billion\">launched its third crypto fund<\/a> with $2.2 billion in assets to invest in companies at all stages of development\u2014from seed to late-stage.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Known for investments in DCG, FTX and Kraken, Tribe Capital will launch a $75 million venture fund. Three-quarters of the capital will go to startups in the United States, with the remaining 25% going to startups in other regions.<\/p>\n","protected":false},"author":1,"featured_media":51356,"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":[],"class_list":["post-51355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51355","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=51355"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51355\/revisions"}],"predecessor-version":[{"id":51357,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51355\/revisions\/51357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51356"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}