LONGHASH launched a $100 million fund based on DEFI, NFT, GAMEFI, and metaverse.

LongHash Ventures, which is MAS-approved in Singapore, has launched a new $100 million fund after receiving strong endorsement from global investors and industry experts for its successful inaugural closure.

Many Web3 VCs, single-family offices, and Web3 producers, including Hash key Capital, NGC Ventures, Protocol Labs, Gnosis Safe, MEXC, Synthetix producers Kain and Jordan Warwick, Qiming VC founding supporter Duane Kuang, and Astar producer Sota Watanabe, are backing the LongHash Ventures Fund II.

Once the fund has finished grabbing capital, which is expected by the end of the year, it will focus on multi-chain Web3 infrastructure deployments that support pitch verticals such as DeFi, NFT, GameFi, and the Metaverse. The LongHash Ventures Fund II will invest in pre-seed through Series A programmes and enterprises.

According to the firm, the account will also give to projects completed by its accelerator arm LongHashX, which has previously received a grant at an undisclosed price from Superscrypt, a Web3 investment company formed by Temasek, as well as a rare significant fund LPs including NGC.

LongHashX bills itself as “the go-to supporter for protocols like as Polkadot, Filecoin, and Algorand, among others.” Astar, Xanpool, and Lit Protocol are all alumni programmes.

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