Multicoin Capital Announces Third Fund
One of the largest investors in crypto startups, Multicoin Capital, announced its third fund of $430 million.
Multicoin Capital expects to support early stage companies in the Web 3.0, DAOs and other interesting verticals. The average ticket size will reach $500,000 while it can go up to $25 million per case.
In larger and later-stage companies, the investments can surpass $100 million in combination with capitals from the previous funds.
The fund executives told that this is the perfect period for new investments as there are excellent deals in the market that can be financed in “fair prices”.
The crypto investments don’t stop here and continues at this period also……….