Polychain, Web3 to Back Polkadot Projects With New Ecosystem Fund

Polychain Capital is partnering with the Web3 Foundation to launch a new investment fund for projects building atop the Polkadot network. The creators of the Polkadot Ecosystem Fund wouldn’t specify how much was committed but did characterize it as “in the millions” in an interview with CoinDesk. Expected to formally launch later this year, Polkadot […]

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Polychain’s Assets Drop $376 Million Since August, SEC Filings Show

A new filing with the U.S. Securities and Exchange Commission (SEC) shows that prominent venture fund Polychain had $591.5 million in assets under management at the end of March. That’s down considerably since the firm’s August 2018 filing, which showed $967.8 million in assets under management. That’s a loss in value of $376.4 million. The Wall […]

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