Three Arrows Capital founders launch new VC fund

1. Venture Capital Fund Launched by Former Three Arrows Capital Founders The article reports on the launch of a new venture capital fund by Su Zhu and Kyle Davies,co-founders of Three Arrows Capital. The new firm is named "Variant" and has raised $56 million from investors such as Peter Thiel's Founders Fund and billionaire Alan Howard. Variant will focus on investing in cryptocurrency-related startups and projects,as well as blockchain infrastructure.

2. Innovation in the Cryptocurrency Startup and Project Space With the founding team's experience in cryptocurrency trading and investing,the new firm is expected to bring a fresh perspective to the venture capital industry in this space. The article highlights that traditional VCs have been hesitant to invest in cryptocurrency startups and projects due to regulatory and operational risks. However,Variant aims to address these risks by leveraging the team's expertise and offering value beyond just capital.

3. Crypto and Blockchain-Focused Infrastructure Investments In addition to its primary focus on investing in startups and projects,Variant will also devote a portion of its funds towards blockchain infrastructure. According to Davies,the firm aims to back the development of different blockchain technologies,such as scaling solutions and decentralized exchanges,which can ultimately help the growth of the broader cryptocurrency ecosystem. Overall,Variant expects to bring a fresh approach to an industry ripe for innovation and growth.



source https://titdoi.com/news/Three-Arrows-Capital-founders-launch-new-VC-fund

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