According to TechCrunch, crypto consulting firm Reverie is launching a $20 million flagship fund that will invest in pre-seed and seed-stage crypto startups. The fund’s investment focus will be on decentralized social media and security.

It is reported that the company has invested in more than 40 companies including the DEX project Osmosis. Reverie also provides consulting services for projects such as Compound and trading platform dYdX.