CoinFund, a New York and Miami-based venture fund that focuses on early-stage web3 companies, has launched a $300 million venture fund that is backed by institutional investors, family offices and crypto-native founders.
The new fund will invest in crypto projects and companies that focus on layer-1 blockchains, web3 infrastructure, DeFi, NFTs and gaming, payments, asset management and decentralized applications.
The fact that 19% of new startups founded this year are focused on crypto and web3 is a sign of the industry's breadth. – David Pakman, Managing Partner, CoinFund
