Former senior executives at the leading crypto exchange, Binance, recently unveiled a $100 investment fund targeted at investing in Web 3.0 and blockchain projects.
According to a Thursday press release shared with CryptoPotato, the $100 million fund, dubbed Old Fashion Research (OFR), is a multi-strategy blockchain investment product founded in late 2021. It focuses on the metaverse and will help increase the pace of crypto adoption in various emerging markets.
Since its founding, OFR has mainly operated in stealth. Still, the fund has already invested in more than 50 blockchain projects and built a diversified portfolio across blockchain ecosystems and geographic markets.
It has also provided backing for several innovative projects focused on the metaverse and increasing blockchain liquidity and interoperability. These projects include WOO Network, Genopets, Metaverse Magna (MVM), ZetaChain, etc.
Leading the fund are Ling Zhang, the former vice president of M&A and Investments a
We współpracy z: https://cryptopotato.com/former-binance-executives-launch-100m-fund-for-blockchain-startups/
