Cryptocurrency asset management company BlockTower is launching a committed investment arm and a new $ 150 million fund.
Cryptocurrency asset management company BlockTower has launched a venture capital arm and a new $ 150 million fund to help decentralized finance tasks (DeFi) and encourage the blockchain infrastructure.
Crypto VCs are usually acknowledged for substantial teams and even more substantial on the internet presences. BlockTower barely has a web page.
But below new companion Thomas Klocanas, he has a $ 150 million venture fund and money strategy to investing in startups through the cryptocurrency winter. https://t.co/ka6bDpZuEO
– Alex Konrad (@alexrkonrad) October 13, 2022
The fund has been in hiding considering the fact that December, BPI France and MassMutual have been with BlockTower considering the fact that the early days. The new investment arm is led by Thomas Klocanas, head of White Star Capital’s $ 50 million fund.
BlockTower is a major cryptocurrency investment company, staying a Registered Investment Advisor (RIA), which provides the firm a lot more versatility, specially when it comes to investing, to invest in liquid and illiquid tokens. BlockTower a short while ago invested in Aptos, Lighthouse Labs and the Maple Finance institutional money network.
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