Cadenza Ventures Launches M Crypto Fund for DeFi and Blockchain Projects
Cadenza Ventures has raised a $50 million crypto venture fund to invest in early stage digital finance and blockchain technology companies. Van Eck Associates anchored the fund with participation from Solana, Dapper Labs and WorldQuant Ventures, among others.Cadenza Ventures will invest globally in crypto platforms and blockchain technologies. The initial investments will include Middle Eastern cryptocurrency exchange Rain, Singapore-based crypto platform Vauld, Latin American digital wallet Lemon Cash, Solana-based yield aggregator Tulip Protocol and bitcoin-based game payments system Zebedee.“Advancements in blockchain technologies and decentralized finance are creating opportunities for products, platforms, and services that have a massive addressable market,” said…