According to ChainCatcher news, CMCC Global, a Hong Kong-based crypto venture capital institution, has raised US$100 million for a new fund "Titan Fund" with participation from Block.one, Yingke Group, Winklevoss Capital, Jebsen Capital, and Animoca Brands founder Yat Siu. cast.
Martin Baumann, co-founder of CMCC Global, said that Titan Fund is CMCC Global’s fourth fund and will provide equity investment in early-stage blockchain startups, with a focus on Hong Kong. He added that of the five investments that have been made, two are in Hong Kong companies.