TLDR:
– Meltem Demirors is raising two venture funds totaling $75 million under Crucible Capital.
– The funds are intended to be $30 million and $45 million in size.
Meltem Demirors, a veteran in the crypto industry, is launching two new venture funds under the name Crucible Capital. With a background at CoinShares and as an angel investor, Demirors is aiming to raise $75 million in total, with funds of $30 million and $45 million, according to SEC filings. The crypto industry has seen highs and lows in 2024, but venture capital interest has been returning, as seen through other recent massive raises. Crucible Capital will focus on seed-stage investments in digital infrastructure, capital markets, marketplaces, and other sectors within the crypto industry. This move indicates ongoing investor interest in the digital assets sector, particularly as the industry’s political landscape appears to be improving.
