{"id":81859,"date":"2023-07-18T17:49:30","date_gmt":"2023-07-18T14:49:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81859"},"modified":"2025-09-12T01:34:45","modified_gmt":"2025-09-11T22:34:45","slug":"coinfund-raises-158m-to-create-a-crypto-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinfund-raises-158m-to-create-a-crypto-fund\/","title":{"rendered":"CoinFund raises $158m to create a crypto fund"},"content":{"rendered":"

New York-based venture firm CoinFund has secured $158 million to create a crypto-focused fund. Bloomberg<\/a> reports.<\/p>\n

According to CEO Jake Brukhman, the firm initially aimed to raise $125 million.<\/p>\n

CoinFund will use the capital to back early-stage cryptocurrency and AI projects. The firm will also continue investing in tokens.<\/p>\n

Chief Investment Officer Alex Felix said that about 90% of the firm’s deals involve digital assets. In the view of CoinFund’s leadership, the sector still has the potential for ‘close interaction with traditional markets in a regulated way’.<\/p>\n

Brukhman noted an ‘extremely challenging’ 2022, yet the firm raised more than $550 million during that period. Part of the problem was that major players were interested in digital assets during the upturn but backed off during the downturn, he added.<\/p>\n

CoinFund already operates four venture funds. The latest outfit financed NFT company Dapper Labs and the infrastructure startup Blockdaemon.<\/p>\n

In May, the TON created a $250m venture fund<\/a> to back DeFi projects.<\/p>\n

Later, Dispersion Capital announced<\/a> the launch of a $40m investment outfit focused on Web3<\/a> infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

New York-based venture firm CoinFund has secured $158 million to create a crypto-focused fund.<\/p>\n","protected":false},"author":1,"featured_media":81860,"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":[1285,1133],"class_list":["post-81859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-funds","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81859","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=81859"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81859\/revisions"}],"predecessor-version":[{"id":81861,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81859\/revisions\/81861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81860"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}