According to TechFlow, Kraken Ventures plans to launch its second fund in the second half of 2024. Currently, 80% of its investment portfolio is equity and 20% is tokens.

They plan to continue investing in blockchain and cryptocurrency startups, especially those developing decentralized finance projects. Although fundraising is not a priority, the team has been preparing for a second fund for several months. They plan to continue investing in the same types of startups and help existing investments move to the next stage.