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Texas-Based Multicoin Capital Sees Large Investment From Binance
Last Updated: 03 March 2021
Multicoin Capital stands as a crypto fund based in Texas, and has recently received an investment of an undisclosed amount from none other than Binance. According to Binance itself, this new investment within Multicoin Capital stands as a very unique one indeed. The biggest result of this is that Binance has now established itself as a limited partner within Multicoin Capital.
Multicoin Capital’s Many Ventures
As for Multicoin Capital itself, it stands as a venture capital company based in Austin. The company invests in cryptocurrencies and allows its investors a regulated amount of exposure within the blockchain industry at large. The latest move from the fund, excluding its new partnership with Binance, is that it had recently started to hoard large amounts of the RUNE coin. RUNE stands as the native token of an up-and-coming decentralized cross-chain automatic market maker.
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