BlockTower Capital announced the spin off of its venture capital division into Strobe Ventures and plans to raise $100 million for its second fund. Strobe Ventures will double its investment in early-stage cryptocurrencies with a 'high belief' strategy. This spin off was announced after BlockTower announced its merger with Arca in November 2024, which outlined plans to unify its liquidity trading and credit underwriting divisions into one brand. However, BlockTower's venture capital division chose to remain independent and is now renamed Strobe Ventures, while retaining the capital, limited partners (LPs), investment portfolio, and team of BlockTower's venture capital division. （The Block） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39358