[Breaking News] Frictionless Capital announced that it has raised $20 million and is ready to invest in high-performance blockchain projects! 🎉

According to BlockBeats, on July 10, Frictionless Capital officially announced that it had successfully raised $20 million in funds, which will be used to invest in high-performance blockchain and other projects. It is understood that the fund has made a number of investments in the past year, including Backpack, DFlow, Andrena and Kuzco.

It is worth mentioning that Frictionless Fund I has received support from some of the world's top institutions, including Franklin Templeton and Foundation Capital, as well as mother funds such as Hutt Capital, Avalon Capital and Pure Crypto.

It seems that the investment boom in the blockchain industry is still continuing, and various funds are entering the market. What do you think? Welcome to share your views in the comment area!