Crypto investment firm DBA raises $68 million for its second venture fund

• The firm has invested in infrastructure like DoubleZero and Monad, the stablecoin app Payy, and ICO capital formation platform MetaDAO.

Article Summaries:

• Crypto investment firm DBA has closed its second venture fund, raising $68 million from investors. The new fund will target early‑stage blockchain and crypto projects. DBA’s existing portfolio includes infrastructure platforms DoubleZero and Monad, the stablecoin app Payy, and the ICO capital‑formation platform MetaDAO. The capital injection follows the firm’s first fund, which backed several high‑profile crypto ventures. Investors view the fund as a way to tap into the expanding ecosystem of decentralized finance and infrastructure, with plans to deploy capital across infrastructure, application, and token‑economics projects.

Sources:

• https://www.theblock.co/post/390503/crypto-investment-firm-dba-raises-68-million-for-its-second-venture-fund?utm_source=rss&utm_medium=rss