ICYMI: Castle Island Ventures announces new $250 million fund for web3 investments
Cryptocurrency and blockchain venture capital firm Castle Island Ventures announced Wednesday it has raised $250 million for a new fund.
The fund, dubbed Castle Island Ventures III, will focus on three main areas: Internet architecture , financial services and monetary networks. Investors include endowments, asset managers and family offices. "The thing that is exciting about this space now is that the addressable markets keep getting bigger," Walsh told The Block, pointing to money markets and internet data monopolies as areas that have already seen huge growth in recent years.
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