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Wednesday, January 27, 2021

Union Square Ventures to Allocate 30% of New $250M Fund to Crypto-Related Investments

https://www.google.com/amp/s/www.coindesk.com/union-square-ventures-to-allocate-30-of-new-250m-fund-on-crypto-related-investments%3famp=1 


Union Square Ventures said it will invest roughly 30% of its freshly minted $250 million 2021 Core Fund in crypto-related investments as it has with other recent funds.

  • The venture capital firm, known for bets on Twitter, Tumblr and Coinbase, said in a blog post written by Managing Partner Andy Weissman that planned crypto-related investments "will include holding tokens directly as well as equity in early-stage blockchain-related projects

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