fbpx
Skip to content Skip to sidebar Skip to footer

Blockchain Capital Raises $300 Million for Fund V Backed by PayPal and Visa

SPAC investment risks

Blockchain Capital has announced the close of Blockchain Capital V LP, capped at $300 million and funded by investors including Paypal and Visa.

We are incredibly honored to welcome a world class group of investors into Fund V who appreciate the value of a firm dedicated to a single industry. As founders ourselves, we know how hard it is to build companies, protocols and, indeed, a whole new industry.

 

P. Bart Stephens, Co-founder and Managing Partner of Blockchain Capital

Blockchain Capital added that Paypal, Visa and other Fund V investors will be participating in the company’s strategic partnership program. The company is able to make use of its industry-leading network, research capabilities and industry contacts to aid these payment firms, as well as its portfolio companies.

The company will carry on with its mission to partner with the industry’s leading founders in order to support the growth of their businesses and protocols. Investments will be focused on blockchain infrastructure, DeFi, NFTs (non-fungible tokens) and upcoming applications of blockchain technology.

Leave a comment

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020-2023}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in blockchain, crypto, Web3, fintech and technology.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us