According to BlockBeats, on October 19, DNA Fund acquired Coral Capital Holdings, which previously managed the multi-million dollar fund of DNA founders.

DNA and its founders have invested in or founded Tether, EOS, Mastercoin, Bancor and Hedera Hashgraph. The acquisition will increase the assets under management of DNA Fund by more than $50 million.

These assets include Coral’s hedge funds and venture capital funds, which focus on DeFi, artificial intelligence, blockchain, and other emerging technology areas. Coral’s top investments include Near Protocol and Atmos Labs.