White Star Capital Closes $50M Digital Asset Fund
- White Star Capital, a NYC-based multi-stage technology venture capital investment platform, closed its $50M Digital Asset Fund (DAF),
- The fund is backed by major institutional investors and corporations, including Bpifrance and Ubisoft
- Led by Sep Alavi, General Partner, the DAF will deploy between $500,000 and $3 million in initial investments into 15-20 companies with a core focus in North America and Europe
- The team takes a research-driven approach to maximize returns through early access in both equity and token investments
- The fund has already made six investments, including dfuse, Multis, Paraswap, Rally, Ledn and Safello, a European crypto brokerage that went public on the Nasdaq First North stock exchange on May 12th
- The team also includes principal investor Thomas Klocanas in NYC as well as Sanjay Zimmermann in Toronto
