San Francisco-based crypto-native fund Momentum Capital has secured a $10 million investment from Canada's BM Fund, according to an announcement.
San Francisco-based Momentum Capital has secured a $10 million investment from Canada’s BM Fund.
The investment will be used as part of Momentum Capital’s mission to find “the next ‘Apple’ in crypto.”Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.San Francisco-based crypto-native fund Momentum Capital has secured a $10 million investment from Canada's BM Fund.
Looking ahead to the next stage in the crypto market cycle, Momentum said it was ready to amplify its focus on web3 opportunities. "Momentum Capital remains devoted to investing in and nurturing web3 projects of intrinsic value," Momentum Capital Managing Partner Gary said."As we navigate the currents of the market in the next six to twelve months, our focus will extend to nurturing global builders, with a keen emphasis on web3 infrastructure, regional web3 opportunities and web3 applications."
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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