Hong Kong venture capital firm CMCC Global successfully raised $100 million! ๐
Recently, CMCC Global, a venture capital firm focusing on cryptocurrencies in Hong Kong, announced that its newly established fund "Titan Fund" has completed the first round of $100 million in fundraising! It is reported that 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 for early blockchain startups, focusing on Hong Kong. He added that of the five investments that have been made, two are Hong Kong companies.
This is undoubtedly good news for the blockchain industry! So, what positive impact do you think this fundraising will have on Hong Kong's blockchain startups? Feel free to speak out in the comments section, let's discuss it together!
Recently, CMCC Global, a venture capital firm focusing on cryptocurrencies in Hong Kong, announced that its newly established fund "Titan Fund" has completed the first round of $100 million in fundraising! It is reported that 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 for early blockchain startups, focusing on Hong Kong. He added that of the five investments that have been made, two are Hong Kong companies.
This is undoubtedly good news for the blockchain industry! So, what positive impact do you think this fundraising will have on Hong Kong's blockchain startups? Feel free to speak out in the comments section, let's discuss it together!