Crypto funds have begun resembling VC funds more than hedge funds, following a tough year; Polychain Capital raises $175M for fund with a 7-year lockup period (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg:
Crypto funds have begun resembling VC funds more than hedge funds, following a tough year; Polychain Capital raises $175M for fund with a 7-year lockup period — – Polychain’s $175 million fund includes 7-year lockup provision — More digital asset venture funds are opening than hedge funds
Crypto funds have begun resembling VC funds more than hedge funds, following a tough year; Polychain Capital raises 5M for fund with a 7-year lockup period (Olga Kharif/Bloomberg)
Source: Tech Meme