NGC Ventures closes third blockchain fund at $100m

NGC Ventures
Photo by André François McKenzie on Unsplash

Singapore-headquartered global crypto-focused venture capital fund NGC Ventures has secured $100 million for its third blockchain fund, NGC Metaverse Ventures, according to an AsiaTechDesk report.

Investors in the crytpo fund include Babel Finance, Altonomy, Huobi Ventures, Nexo Ventures and GBIC. The funding comes after the success of NGC Ventures’ previous funds, which made strategic early investments in many of today’s top-tier projects including Solana, Oasis, NYM, Babel Finance, Republic, Banxa and Algorand.

Read full story: Crypto-focused NGC Ventures raises $100m for blockchain fund