Blockchain Capital to Raise Third Fund via Digital Token Offering

Blockchain Capital, the venture capital firm investing in blockchain technology companies, has announced its intention to raise its third fund via a combination of a traditional limited partnership called Blockchain Capital III, LP and an additional fund offered via a digital token called the BCAP.

In line with its strategy to drive innovation based on blockchain technology, the partners decided to pursue a parallel offering of Ethereum-based tokens, issued by a Singapore entity, which would represent an evergreen fractional ownership in a new fund called Blockchain Capital III Digital Liquid Venture Fund, LP.

 

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