London-based venture capital firm Fasanara Capital is raising $350 million for a fund that will invest in crypto and fintech startups. Blok writes about it.

In an interview with CEO Francesco Filia, he said the firm has already raised $100 million, and the company, which was founded in 2011, manages $3.5 billion in assets.

According to him, this is the first structure to select projects related to digital assets. The previous two, with total assets of $550 million, were focused solely on supporting fintech startups. In the new fund, the funds will be distributed 60:40 in favor of the latter.

In the blockchain space, Fasanara Capital is most interested in areas such as infrastructure and trading platforms. The company acts as a liquidity provider in the digital asset market.

The top manager is not afraid of adverse market conditions.

“Chaos opens possibilities” explained.

Recall that in April 2022, investment firm Dragonfly Capital launched a new venture fund with $650 million in capital focused on Web 3.0.

Previously, venture capital firm White Star Capital has raised $150 million for a second fund focused on investments in crypto networks, from the Web3 business to startups, DeFi and blockchain gaming.