Cryptocurrency venture capital firm Maven 11 is seeking to raise $100 million for its third fund.

According to BlockBeats news on November 9th, crypto venture capital firm Maven 11 is seeking to raise $100 million for its third fund and hopes to complete the financing in the first half of next year. So far, one-third of the total $100 million has been committed by limited partners. Theta Capital Management is a fund-of-funds specializing in cryptocurrencies and has invested over $600 million in the crypto industry to date. It is a major investor in Maven 11's third fund.