Fuse Capital: Launches fund focused on companies operating in the so-called ‘web3’

Fuse Capital: Launches fund focused on companies operating in the so-called ‘web3’

  • Fuse Capital has started raising Fuse Capital Fund II, whose central thesis will be investing in the next generation
  • Aims to decentralize user data that is concentrated in large technology companies
  • The initiative comes after the house has already made investments in the blockchain and crypto universe in its first fund
  • Capital Fund II will be aimed at companies that solve problems in a world still dominated by web2
  • The solutions can be aimed at the most diverse sectors, from open finance to health
  • One more feature of the fund will be the term of five years , with the premise that the invested companies issue tokens
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...