1kx raises $75M crypto VC fund with backing from Andreessen, Accolade, and Galaxy Digital.

Venture capitalist Marc Andreessen, Accolade Partners, and Galaxy Digital are among investors in 1kx's $75M crypto VC fund. The fund aims to target crypto-based consumer applications and was announced during a period of increasing institutional interest in crypto, bolstered by the approval of spot Bitcoin ETFs in the US. The new fund has already made around five investments, according to 1kx founding partner Lasse Clausen.

March 28, 2024
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