Mixtcrypto raised $60 million to invest in web3 projects

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Crypto Regulation
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MixtCrypto has raised $60 million for a Web 3.0-focused investment fund.

The subscription volume exceeded the planned $50 million, the firm noted. This is the fourth fundraiser for it, bringing its invested capital to $120 million.

"We are expanding our areas of interest by deepening our familiarity with Web 3.0, a new platform for creativity, coexistence and, of course, entrepreneurship," the statement said.

With the new fund, MixtCrypto intends to support 20-25 companies within a few years, mostly in Europe and selectively in North America.

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Jon Kelvey

Jon is a blockchain reporter skilled at synthesizing all crypto-related information to make articulate texts easy for anyone to grasp. With a beginners level certificate in Financial Analysis, Julius can read, interpret and report crypto findings to help investors exercise the best judgment in their decision-making process. When he is not caught up in the crypto frenzy, Jon likes playing a game of FIFA with his online buddies.