OP Crypto Fund of Funds has raised $28 million

OP Crypto, a venture capital firm in the blockchain space, has raised $28 million for its Fund of Funds (FoF), Trustnodes reported. David Gan, director of the fund, said 22 people had invested since April last year. Foresight News previously reported that on July 1, 2022, according to TechCrunch, OP Crypto is launching a $100 million Fund of Funds to deploy funds to emerging fund managers focused on early-stage crypto investments, Such as infrastructure, DeFi, NFT, Metaverse, games and other fields. At present, the fund has received commitments of US$50 million from LedgerPrime and FJ Labs, etc., with a target and hard cap of US$100 million.