Blockchain Coinvestors, a Fund-of-Funds, Says Second Fund Closed With $26.9 million

Blockchain Coinvestors, a fund-of-funds and co-investment program, says their second fund (Fund II) has closed in an oversubscribed offering of $26.9 million. Demand came from institutional money, family offices as well as individual investors. Assets under management are said to now total $75 million.

Matthew C. Le Merle, Managing Partner at Blockchain Coinvestors, stated:

“We continue to believe in the entrepreneurs that are using blockchain technology to move the world into a future of digital monies and assets and are focused on providing them and their VC backers the capital and resources required to fuel their creativity and innovation.”

Co-Founder and Managing Partner Alison Davis added that she believes that most of the value creation in the sector remains ahead given the outsized returns investors have already been capturing.

Blockchain Coinvestors also said it has created a partnership with Linqto and a Blockchain Coinvestors syndicate on AngelList to further boost access to the investment opportunity

Launched in 2014, Blockchain Coinvestors is now entering its 8th year and has to date invested in 25 pure-play blockchain venture funds in the Americas, Asia and Europe. The fund reports a combined portfolio of more than 300+ blockchain and crypto projects including 20+ blockchain unicorns.

 


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Sponsored Links by DQ Promote


 


Send this to a friend