Oasis Launches $160M Ecosystem Fund With Backing From Jump Capital and Others

Posted on by American Coins & Gold

Oasis Launches 0M Ecosystem Fund With Backing From Jump Capital and Others
After the establishment of a $160 million investment fund, a long-dormant layer 1 project with a focus on privacy is showing signs of life.The Oasis Foundation announced Tuesday the launch of the fund in collaboration with a host of major venture capital firms, including Dragonfly Capital Partners, Draper Dragon Fund, Electric Capital, FBG, Jump Capital, Kenetic Capital, NGC Ventures and Pantera Capital, according to a press release.The fund will be used to seed early stage projects building on Oasis, including “DeFi, NFTs [non-fungible tokens], metaverse, data tokenization, data DAO, data governance” and other projects.In an interview with CoinDesk, Oasis Labs…