According to ChainCatcher, Morgan Creek Digital plans to raise up to $500 million for a new fund, focusing on early opportunities in artificial intelligence (AI), blockchain technology, chips and data.
Morgan Creek Digital said it is in talks with sovereign and institutional investors, company executives and industry subject matter experts in Europe, the Middle East and Africa (EMEA) and the Asia-Pacific region (APC) to expand its regional influence. In addition, the company is also in talks with US investors and partners.