Blockchain Capital Raises $700 Million for Two New Funds

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On April 23, Bloomberg reported, citing informed sources, that cryptocurrency venture capital firm Blockchain Capital is raising $700 million for two new funds. The sources indicated that the company is simultaneously fundraising for its seventh early-stage fund and its second growth fund, and has already begun deploying some of the new capital. This round of fundraising is expected to be completed within five to six months.

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