Kraken Ventures Announces $100M Fund to Back Emerging Crypto Startups
Kraken Ventures, the investment arm of a prominent global cryptocurrency exchange, is poised to make a significant impact in the world of crypto startups with its ambitious plan to raise a $100 million fund. This substantial fund marks Kraken Ventures’ second major investment effort, coming on the heels of its successful $65 million fund raised just two years ago in December 2021. The focus of this new fund is firmly set on nurturing early-stage founders, with a unique approach that goes beyond traditional one-time investments. Brandon Gath, the managing partner of Kraken Ventures, emphasized that their support is a continuous