Cryptocurrency venture capital firm Blockchain Capital is pursuing the creation of new funds totaling $700 million, Bloomberg reported, citing anonymous sources. There are a total of two funds, and fundraising is expected to be completed within the next 5-6 months. The specific target amount for each fund has not been confirmed. Previously, Blockchain Capital invested in Coinbase, Kraken, Tether, and others, and the total value of its managed portfolio is $6 billion.
