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      Showing Tag: "bain capital ventures launches $560 million crypto fund" (Show all posts)

      Bain Capital Ventures Launches $560 Million Crypto Fund

      Posted by Olga Kharif on Wednesday, March 16, 2022, In : #GORILLAHITTT 84.8FM LOS ANGELES 


      Bain Capital Ventures -- one of the world’s biggest startup-investment firms -- is launching a $560 million fund focused exclusively on crypto-related efforts.

      The fund closed in December, and the firm has already invested $100 million into a dozen efforts, which it doesn’t yet disclose, said Stefan Cohen, a managing partner at Bain Capital Crypto, which is running the fund.

      Bain Capital Ventures has been investing in crypto for the last seven years, pouring money into crypto lender BlockFi...


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