ChainLink Capital Targets $100M in Assets for 2 Crypto Funds

Posted on by American Coins & Gold

ChainLink Capital Targets 0M in Assets for 2 Crypto Funds
Crypto-focused venture capital fund ChainLink Capital Management has set a target to reach $100 million in assets under management each for its Luna and Ama funds this year, general partner Andrew Hoppin told CoinDesk in an interview. The funds had about $30 million and $13 million under management, respectively, at the end of last year.ChainLink Capital isn’t related to the Chainlink token and protocol, and the Luna fund isn’t tied to LUNA, the native token of the Terra blockchain.Founded in 2018, ChainLink embraces a “fund of funds” strategy to provide diversification and exposure to crypto experts while mitigating the risks…