New York-based venture capital firm Archetype has raised $100 million for its third fund aimed at backing early-stage blockchain startups, the firm said.

The fund, called Archetype III, is supported by a mix of existing and new institutional investors, including pensions, academic endowments, sovereign wealth funds, and funds of funds.

Archetype has a track record of early bets that paid off. Privy, a crypto wallet startup in its portfolio, was acquired by Stripe earlier this year.

Another investment, US Bitcoin Corp, completed a merger with Hut 8, a move that brought the company into a joint venture tied to Eric Trump’s American Bitcoin project.

The firm currently manages around $350 million in assets, including sizable stakes in Solana and Ethereum, according to the document.

While specific investments from the new fund haven’t been disclosed, Archetype said several deals have already been made. The firm plans to focus on founders building real-world use cases that could bring crypto to broader consumer markets.

CoinDesk has reached out to Archetype for comment but hasn’t heard back by press time.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。