Multicoin Capital to Raise $250M for Third Crypto Fund: Report

Multicoin Capital to Raise 0M for Third Crypto Fund: Report
Multicoin Capital, an investment firm focused on cryptocurrency and blockchain companies, is planning to raise a $250 million for a third crypto-focused venture fund, according to an article by The Information.The Austin, Tex.-based company intends to complete the raise by the end of 2021, according to the story, which cited fundraising materials that the publication had seen.The initiative comes less than six months after Multicoin Capital raised $100 million for its second crypto venture fund.It is the latest in a series of large funds that major venture capital firms have created this year or are in the process of raising…