$75M Blockchain Founders Fund II Supports Portfolio of P2E and Web3 Projects
Singapore-based Blockchain Founders Fund has launched a new venture capital fund to support emerging projects in the cryptocurrency, metaverse and web3 sectors, offering further proof that investors are still keen to support new ventures. key growth trends of the digital assets market.
Blockchain Founders Fund II, also known as BFF II, has raised $75 million from various blockchain and crypto industry investors, including NEO Global Capital, Appworks, Baksh Capital, Octava and Managing Director of the operation of The Sandbox, Sébastien Borget. BFF II has already deployed capital in 11 projects, including a layer two derivatives exchange, several play-to-earn games and a DeFi protocol.
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