Hashed, a crypto venture capital firm based in South Korea, has launched a new $200 million fund.

The Hashed Venture Fund II will invest in Web3 startups, including those focused on metaverse, blockchain gaming, NFTs, and DeFi.

"We are radically optimistic about web3's potential to restore trust and enable new kinds of governance where players collectively make critical decisions about how the metaverse should be defined," said Hashed.

The firm's new fund comes exactly a year after it raised $120 million for its first fund. That fund has invested in numerous startups, including dYdX, Axie Infinity, The Sandbox, Mythical Games, and Terra.

The Fund I has been fully invested or committed via check sizes between $1 million and $10 million, Hashed CEO and managing partner Simon Seojoon Kim told The Block. The new fund has begun investing and is expected to be completely deployed within two years, he said.

The new fund will primarily focus on equity rounds of startups raising seed to Series B funding, said Kim, adding that token warrants are also allowed.

Crypto VCs as well as startups have been raising funds at a rapid pace. When asked why the sector is seeing high interest from investors, Kim said blockchain and crypto are the next generation of the internet where new innovative products and services are going to be built that can attract billions of users.

Kim expects that trend to continue in the near future.

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。