Framework Ventures launches $400M fund
Venture capital firm Framework Ventures is launching a new $400 million fund to invest in DeFi and GameFi projects. Framework Ventures is investing in the cryptocurrency industry.
Framework Ventures will allocate $200 million to support gaming projects on the blockchain. The remaining 50% of the funds will go to investments in decentralized finance and Web3 projects.
Framework Ventures investment specialists expect that GameFi projects will see a boom in interest in the near future, as was the case with the DeFi industry in 2020.