Bear markets turn out to be great vintage years for crypto VCs: CMCC Global
The firm's debut Digital Asset Fund clocked 136% in net internal rate of return (net IRR) over the course of five years, per Baumann.
Source: dealstreetasia.com
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HK crypto VC firm CMCC Global launches $100m fund to invest in Web3 startups
The firm roped in Block.one (B1) as its anchor investor, which committed $50 million to the fund, per the release.
Source: dealstreetasia.com
Exclusive: Hong Kong crypto venture capital firm CMCC Global launches US$100 million fund
CMCC Global, a Hong Kong-based venture capital firm, has raised US$100 million for a new fund aimed at backing Asian blockchain start-ups amid Hong Kong’s virtual asset push, despite the recent JPEX scandal.
Source: scmp.com