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Breed Venture Capital has raised a $15 million crypto fund to invest in early-stage cryptocurrency startups, The Block reported.
The fund will target “day zero,” pre-seed and seed-stage startups. Backers include FalconX, Hutt Capital and Arrington Capital, along with crypto investment industry figures such as Castle Island Ventures’ Nic Carter, Dragonfly’s Rob Hadick and CoinFund’s Jake Brukhman. Breed Venture Capital plans to invest between $250,000 and $750,000 in each startup.