According to BlockBeats, on October 4, 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, with more than 30 investors including Block.one, Yingke Group, Winklevoss Capital, Jebsen Capital and Animoca Brands founder Yat Siu participating. 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 for early blockchain startups, focusing on Hong Kong. He added that of the five investments that have been made, two are Hong Kong companies.