Venture capital firm Menlo Ventures has completed a $1.35 billion financing round, and former FTX Ventures executive Amy Wu may be responsible for investing in blockchain projects.

According to official sources, Menlo Ventures, a venture capital firm, announced on November 17th that it has completed a $1.35 billion financing round. The funds will be deployed by Menlo XVI, Menlo Inflection III, and their affiliated funds, mainly investing in AI projects. It is worth noting that Amy Wu, the former head of FTX Ventures, announced in January of this year that she had joined Menlo Ventures as a partner, responsible for investments in the consumer and gaming sectors. However, in a recent social media post, Amy Wu stated that the newly raised funds can also be used to support blockchain projects.