According to TechFlow, CoinDesk reported that according to documents from the U.S. Securities and Exchange Commission (SEC), Bain Capital plans to launch its second crypto fund.
Bain Capital launched its first crypto fund in March 2022, a $560 million fund that launched right at the height of the crypto market crash sparked by the collapse of Do Kwon’s Luna. Despite the subsequent crypto winter, Bain Capital remained an active investor in 2022 and 2023, participating in rounds for companies like Sam Altman’s $115 million Worldcoin, privacy protocol Nocturne Labs, and decentralized exchange aggregator Flood.