Polychain Capital, one of the most prominent venture capital firms in the crypto space, has raised around $200 million in the “first close” of its fourth fund, according to a person familiar with the matter, while letting go three members of its research team amid new investing priorities. It still plans to raise around $400 million total for the fourth fund. The raise is a bullish sign for the industry, suggesting ongoing interest in the sector despite a “Crypto Winter” that has seen venture funding evaporate for both startups and VC firms.
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$64,979.00
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ETH
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USDT
$0.999419
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BNB
$595.05
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USDC
$0.999668
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XRP
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SOL
$74.90
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TRX
$0.328872
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FIGR_HELOC
$1.01
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HYPE
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DOGE
$0.070277
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USDS
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▲ +0.00%
RAIN
$0.012685
▼ -0.20%
LEO
$9.71
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ZEC
$507.17
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ADA
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▼ -0.80%
XMR
$379.60
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WBT
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LINK
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USD1
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GRAM
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USDT
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$595.05
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USDC
$0.999668
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XRP
$1.04
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SOL
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FIGR_HELOC
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HYPE
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DOGE
$0.070277
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USDS
$0.999796
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RAIN
$0.012685
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LEO
$9.71
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ZEC
$507.17
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ADA
$0.199684
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XMR
$379.60
▲ +2.70%
WBT
$56.24
▲ +0.50%
LINK
$8.32
▲ +0.90%
XLM
$0.163574
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DAI
$0.999943
▲ +0.00%
BCH
$216.74
▲ +0.60%
USD1
$0.999762
▲ +0.00%
USDE
$0.999578
▲ +0.00%
GRAM
$1.36
▲ +2.10%
Mkt Cap $2.30T
BTC Dom 56.73 %
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$64,979.00
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ETH
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USDT
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BNB
$595.05
▲ +1.00%
USDC
$0.999668
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.90
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TRX
$0.328872
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.74
▼ -3.10%
DOGE
$0.070277
▲ +1.40%
USDS
$0.999796
▲ +0.00%
RAIN
$0.012685
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$507.17
▲ +0.10%
ADA
$0.199684
▼ -0.80%
XMR
$379.60
▲ +2.70%
WBT
$56.24
▲ +0.50%
LINK
$8.32
▲ +0.90%
XLM
$0.163574
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DAI
$0.999943
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BCH
$216.74
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USD1
$0.999762
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USDE
$0.999578
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GRAM
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