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Web3 investment firm DNA Fund acquires asset management firm Coral Capital Holdings
BlockBeats reported that on October 19, DNA Fund, which invests in emerging technologies and Web3, acquired investment management company Coral Capital Holdings, which previously managed the multi-million dollar fund of DNA's founders.
DNA and its founders have invested in or founded projects including Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. The acquisition will increase the assets under management (AUM) of DNA Fund by more than $50 million, including Coral's hedge funds and venture capital funds, which focus on DeFi, artificial intelligence, blockchain and other emerging technology fields. Some of Coral's top investments include Near Protocol and Atmos Labs.
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RelatedRecommended
The total number of financings last week was 20, with a total amount of approximately US$167.45 million and an average financing amount of US$8.3725 million.
The total number of financings last week was 26, which was less than before, with a total amount of approximately US$157.7 million and an average financing amount of US$6.0654 million.
The total number of financings last week was 28, an increase from the previous period, with a total amount of approximately US$127.66 million and an average financing amount of US$45.5929 million.
The total number of financings last week was 37, with a total amount of approximately US$153.6 million and an average financing amount of US$4.1514 million.
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24H Important News
2026-11-02
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