White Star Capital has launched a $ 150 million fund for investment in Web 3.0

White Star Capital has launched a $ 150 million fund for investment in Web 3.0

The venture company White Star Capital has attracted $ 150 million for the second Digital Asset Fund (DAF II). The structure is focused on investments in cryptos, startups from Web3-business, Defi and blockchain gimming.

The anchor investor DAF II was http://best-crypto.site/2022/10/26/the-consequences-of-the-dao-s-collapse-is-it-so/ the game giant Ubisoft.

The fund plans to invest from $ 1 million to $ 7 million in tokens and shares of 20-25 companies, mainly from North America, Europe and Asia.

“The DAF investment team uses a deeply research approach, using both the inherent crypto industries and the rating of assessment with startups in sowing rounds, and the financing of the series A and Tokensylae,” the press release said in the press release.

The first DAF of the company from the moment of creation in 2020 has invested in 20 companies, including LEDN, Alex, Multis, Paraswap, Exlusible and Rally.

“With the new foundation, we expect to continue supporting the new generation of promisingly thinking founders building tomorrow’s company for Web 3.0, Defi and gaming, since Solana NFT now they open a new “Internet of values” for billions of people in the world, ”said DAF II managing partner of the Sup Alawi.

Recall that Uniswap Labs has created a venture unit for investment in Web 3.0.