{"id":51729,"date":"2021-10-25T16:59:53","date_gmt":"2021-10-25T13:59:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51729"},"modified":"2025-09-03T01:21:32","modified_gmt":"2025-09-02T22:21:32","slug":"sino-global-capital-launches-200m-fund-for-defi-and-nft-infrastructure-investments","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sino-global-capital-launches-200m-fund-for-defi-and-nft-infrastructure-investments\/","title":{"rendered":"Sino Global Capital launches $200m fund for DeFi- and NFT-infrastructure investments"},"content":{"rendered":"<p>The Chinese venture firm Sino Global Capital announced the launch of a $200 million fund. The capital will be used to back startups in the Solana and Ethereum ecosystems, including those linked to <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-decentralised-finance-defi\">DeFi<\/a>\u2014 and <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-nfts\">NFT<\/a>-infrastructure, The Block reports.<\/p>\n<p>A substantial portion of the capital in the closed Liquid Value Fund I was contributed by partners such as FTX. The venture firm <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-raises-900-million-at-an-18-billion-valuation\">participated<\/a> in the penultimate funding round for the crypto-derivatives exchange in July.<\/p>\n<p>According to the publication, Sino Global Capital has also invested in <a href=\"https:\/\/u1f987.com\/en\/news\/solana-labs-raises-314-million-from-a16z-and-polychain-capital\">Solana<\/a>, Serum and <a href=\"https:\/\/u1f987.com\/en\/news\/pantera-capital-and-lightspeed-lead-20-million-funding-round-for-wintermute\">Wintermute<\/a>. The involvement in projects such as <a href=\"https:\/\/u1f987.com\/en\/news\/binance-labs-and-multicoin-capital-invest-in-layerzero-omnichain-protocol\">LayerZero<\/a>, Clear pool, Orca will be rolled over into the new fund.<\/p>\n<p>Sino Global Capital plans to adhere to an <a href=\"https:\/\/www.investopedia.com\/articles\/investing\/030116\/topdown-vs-bottomup.asp\">\u00abbottom-up\u00bb<\/a> investment approach and to give preference to startups from India.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>We will support entrepreneurs with values aligned to building high trust and long-term ecosystem development. We will continue aggressive outreach and engagement with the best teams in India<\/em>, \u2014 explained the firm\\&#8217;s CEO, Matthew Graham.<\/p>\n<\/blockquote>\n<p>In September ForkLog <a href=\"https:\/\/u1f987.com\/en\/news\/india-plans-to-tax-cryptocurrencies-instead-of-banning-them\">reported<\/a> that Indian authorities planned to tax Bitcoin exchanges and digital-asset transactions instead of banning cryptocurrencies.<\/p>\n<p>In January, a bill was introduced in the parliament of the country <a href=\"https:\/\/u1f987.com\/en\/news\/indian-parliament-to-consider-bill-banning-cryptocurrencies\">proposing to ban cryptocurrencies<\/a>. However, the document was never presented. In June Bloomberg reported on the government\\&#8217;s plans to consider <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-india-to-revisit-bill-banning-cryptocurrencies\">the possibility of regulating<\/a> the class of digital assets.<\/p>\n<p> Subscribe to ForkLog\u2019s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese venture firm Sino Global Capital has announced the launch of a $200 million fund. The capital will be used to back startups in the Solana and Ethereum ecosystems, including those linked to DeFi- and NFT-infrastructure, The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":51730,"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":[1093,1236,278,1213,1133],"class_list":["post-51729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-ftx","tag-india","tag-nft","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51729","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=51729"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51729\/revisions"}],"predecessor-version":[{"id":51731,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51729\/revisions\/51731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51730"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}