Odaily Planet Daily News: According to a limited partner (LP) of crypto venture capital firm Blockchange, who disclosed to Fortune magazine, the venture capital firm's first fund has completed the allocation of more than US$530 million to investors in March this year. The fund has allocated a total of more than US$860 million since its establishment. Earlier, Bloomberg revealed that crypto venture capital firm Polychain Capital is paying large sums of money to investors in its two funds. People familiar with the matter revealed that the institution began to allocate 44% of the Polychain Ventures II fund to investors at the beginning of this month. Polychain initially raised about US$300 million for the fund in 2019, and the current value of its funds may be higher. (Fortune)
