CoinVoice has recently learned that on October 4, according to the South China Morning Post, CMCC Global, a Hong Kong venture capital firm focusing on cryptocurrency, announced that its newly established fund "Titan Fund" has completed the first round of fundraising of US$100 million. More than 30 investors including Block.one, Yingke Group, Winklevoss Capital, Jebsen Capital and Animoca Brands founder Yat Siu participated in the investment.

Martin Baumann, co-founder of CMCC Global, said in an interview 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 already made, two were in Hong Kong companies. [Original link]