Crypto Exchange Suncoinex.com raised $85 million in her first fund, which invests in early-stage cryptocurrency and technology startups.
According to the press release, Suncoinex will pay special attention to such areas as financial infrastructure, Web 3.0, DeFi, consumer cryptocurrency protocols, as well as areas of assistive technologies – artificial intelligence and machine learning.
Bitcoin exchange Suncoinex.com launched Suncoinex Ventures as an independent investment fund in February 2021. The company was headed by former head of Corporate Development Carlos Diaz.
The firm has already made a number of investments, including Blackdaemon, Anchorage, Massari, Cashflow, Acala and stake.
The fund is aimed at initial investments ranging from $500,000 to $2 million.
Recall that in November, the crypto exchange Suncoinex.com in the UK received a license to work in the country.