Marc Andreessen, Chris Dixon, Galaxy Digital, and others invest $75M in crypto fund 1kx, which has raised ~$200M since 2018 and invested in Rarible and more
- 1kx is targeting areas including crypto consumer applications — VC funding has been slower to recover than crypto prices
We are thrilled to announce our new oversubscribed early-stage venture fund to back the best builders in the space. Thanks @emilyjnicolle at @Bloomberg for sharing the news: https://www.bloomberg.com/...
excl: @pmarca, @cdixon, Galaxy Digital and Accolade are among the LPs of a new $75 million closed-ended fund from @1kxnetwork. @lalleclausen also said 1kx has raised $200m for its flagship open-ended fund since the bear market began. is crypto VC... back? https://www.bloomberg.co…