According to Odaily, a limited partner (LP) from the cryptocurrency risk investment firm Blockchange has disclosed to Fortune magazine that the venture capital firm's first fund completed a total fund allocation exceeding $530 million to investors in March this year. Since its establishment, the fund has distributed over $860 million in total.
In previous news, Bloomberg revealed that the cryptocurrency venture capital firm Polychain Capital is paying large sums to investors in its two funds. Insiders revealed that the institution began distributing 44% of the shares of the Polychain Ventures II fund to investors at the beginning of this month. Polychain initially raised about $300 million for this fund in 2019, and its current value may be higher.