Can Titan Fund Boost Asian Blockchain Startups with $100 Million? š°
CMCC Globalās Titan Fund, a Hong Kong-based crypto-focused venture capital firm, has successfully raised $100 million in its inaugural #funding round.
This funding aims to support Asian blockchain startups, focusing on various areas, including blockchain infrastructure, gaming, #NFTs , and financial services.
Notable investors in this round include Block.one, Richard Liās Pacific Century Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu.
The fundās launch in Hong Kong highlights the cityās growing importance as a #crypto-friendly hub, as it embraces pro-crypto regulations, signaling a shift in its crypto policy.
Amid a decline in global venture capital investments in crypto firms, Titan Fund could play a crucial role in revitalizing Asian blockchain projects.
