6th Man Ventures Raises $145M for Crypto Fund: Report

2 years ago

Brandy covers crypto-related task superior deals for CoinDesk.

6th Man Ventures has raised $145 cardinal for its 2nd crypto money which volition absorption connected early-stage investments, according to a study astatine The Block.

  • Limited partners for the caller money included Galaxy Vision Hill, Three Arrows Capital, Sino Global Capital, FTX Ventures, and Animoca Brands, arsenic good arsenic a radical of angel investors – hedge money billionaire Bill Ackman and Andreeseen Horowitz partners Marc Andreessen and Chris Dixon among them.

  • According to the report, astir 20 investments person been deployed truthful acold from this caller fund, which focuses connected early-stage projects and volition constitute checks of $1 cardinal to $2 cardinal for each deal.

  • Dudas, who near his relation arsenic The Block CEO past twelvemonth for stablecoin steadfast Paxos, said the 6th Man's archetypal money had $7.4 cardinal successful superior and invested successful much than 100 projects.

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Brandy covers crypto-related task superior deals for CoinDesk.

Brandy covers crypto-related task superior deals for CoinDesk.


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