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Funds
Crypto.com Capital Hires Jon Russell as GP, Hints at Expanding Fund Size
Russell spent 10 years as a tech journalist, including stints at The Ken and Tech Crunch.

UAE Wealth Fund Mubadala Investing in Crypto Ecosystem: CEO
While “many people are skeptics, I do not fall in that category,” said CEO Khaldoon Al Mubarak.

Flipkart Co-Founder-Backed Navi Mutual Fund Files for Blockchain Fund in India
The filing comes after Invesco deferred the launch of a similar fund due to the regulatory uncertainty in the country.

Crypto Investment Firm ParaFi Raises $30M for New Fund
The blockchain and DeFi-focused company is also launching a new growth fund.

KuCoin Labs Launches $100M Fund for Metaverse Projects
The KuCoin Metaverse fund will invest in gaming and NFT projects.

Quant Hedge Fund Two Sigma Hiring Crypto Operations Manager
The New York-based firm is seeking someone to build out its cryptocurrency trading business, said a job posting.

Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund
Andressen Horowitz pointed to next-generation payments, decentralized finance, new monetization models and Web3 as use cases it would look into for its new $515 million fund.

DeSo Launches $50M Fund for Decentralized Social Ecosystem
The Octane Fund will fuel development of early-stage social media projects for the blockchain.

Crypto Funds See Inflows, Despite Slower Overall Volumes
Solana, which suffered a network outage that lasted nearly 20 hours last week, saw inflows of $4.8 million.

Algorand Foundation Launches $300M DeFi Innovation Fund
The Viridis DeFi Fund will support development of DeFi applications such as exchanges, money markets and NFT platforms.
