Venture capital investors appears to be planning a portfolio rebalancing for 2024 and are positioning themselves to gain exposure to digital assets.
A growing number of newcomers are also attracting funds. Web3 startup Bastionto bridge Web3 infrastructure into enterprise technology. The round was led by Andreessen Horowitz, Laser Digital Ventures , Robot Ventures, Aptos Ventures and Alchemy Ventures.
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain.SVB Financial Group, the former parent company of Silicon Valley Bank, isthat will see the institution sell its venture capital arm, SVB Capital.
We're thrilled to share the closing of 2 new funds – our 6th early stage fund and 1st opportunity fund. Together, they total $580 million and serve to reinforce our commitment to leading the global transition to decentralized, blockchain-based systems. ↓
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