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Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects

A $150 million seed fund will focus on Web3 and a separate $300 million opportunities fund will double down on portfolio projects.

Updated May 11, 2023, 5:42 p.m. Published Jul 28, 2022, 3:41 p.m.
Venture capital firm Variant commits $450 million to its third crypto-focused fund. (Horst Schwalm/Pixabay)
Venture capital firm Variant commits $450 million to its third crypto-focused fund. (Horst Schwalm/Pixabay)