.TwoSigmaVC confirms that two new funds, which have $400 million in total committed capital, will include crypto and Web3 investments. BrandyBetz reports
on Wednesday to invest $400 million across two new venture capital funds, confirming to CoinDesk that crypto investments will be included.
Two Sigma Ventures is the venture capital arm of New York-based quant hedge fund Two Sigma, which has about $60 billion in assets under management. The combination drives a focus on startups utilizing data science and software, making crypto a natural investment fit. Other crypto verticals of interest include developer tooling and infrastructure projects, said Kangpan.
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