Venom Ventures Fund is hoping to capitalize on the burgeoning DeFi, gaming, and banking services market that has seen immense growth throughout 2021.
The two groups believe that Web3 is “the future of digital assets and financial services” and that their investments will help unlock new opportunities in the space.
“We are excited to join forces with Venom Foundation to bring our collective experience and network of resources to a whole new level,” said Knez.
The partnership between Venom Foundation and Iceberg Capital marks a major milestone in the development of the blockchain and cryptocurrency space, and highlights the potential of web3 technologies.
With $1 billion in new capital available for investment, the two groups are hoping to drive innovation in the space and build a foundation for a new, more secure financial infrastructure.