According to Odaily, Accolade has raised more than $135 million through two blockchain tools, as revealed in documents submitted to the U.S. Securities and Exchange Commission last month. The company has declined to comment on the matter, suggesting that it may continue marketing and raising funds for these initiatives. These funds are expected to be among the largest raised in the industry this year.
The documents submitted by Accolade indicate that the new funds are divided into two categories: 'Blockchain III Venture' and 'Blockchain III Seed.' However, it remains unclear whether the company will deviate from its previous strategy of investing in the industry's largest managers.