Bloomberg: Cryptocurrency VC firm 1kx raises $75 million for its new fund
BlockBeats news, on March 28, Bloomberg reported that cryptocurrency venture capital firm 1kx raised $75 million for its new fund, which received investment from venture capitalists Marc Andreessen, Accolade Partners and Galaxy Digital.
Accolade is the lead investor in the new fund, 1kx founding partner Lasse Clausen said in an interview. Andreessen Horowitz partner Chris Dixon is also a limited partner in the fund. 1kx focuses on areas including crypto applications for consumers. The new fund has made about five investments but did not disclose the names of the startups it supports.