German VC Greenfield One Raises $160M Crypto Fund With Backing From Swisscom, Others

Posted on by American Coins & Gold

German VC Greenfield One Raises 0M Crypto Fund With Backing From Swisscom, Others
Berlin-based venture capital (VC) firm Greenfield One has raised a $160 million (142 million euros) fund from telecom giant Swisscom, Galaxy Digital, and others, to invest in crypto projects, according to a press release shared with CoinDesk.Greenfield One’s third fund is likely one of the largest crypto funds in Europe to date. Fabric Ventures’ $130 million fund, which was announced earlier this year, was previously thought to be one of the largest European crypto funds.German media giant Bertelsmann also invested in the $160 million fund. Bertelsmann had invested in Greenfield One’s second fund, which had a target volume of $56…