PANews reported on August 8 that according to The Block, according to documents filed with the U.S. Securities and Exchange Commission (SEC), Meltem Demirors, former chief strategy officer of digital asset management company CoinShares, is seeking to raise $75 million for two new venture funds. The documents show that the two new funds are named Crucible Capital Fund I and Crucible Capital Fund 1-A. They seek to raise $45 million and $30 million respectively. Demirors is listed as a managing member of the general partners of the two funds. Demirors has served as CoinShares' chief operating officer since May 2018 and left in January 2024. She is still the head of the blockchain strategy project at the University of Oxford. Data shows that there were 759 crypto venture capital transactions in the second quarter of this year, with a financing amount of more than $3.2 billion, an increase of 8% month-on-month.