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Today: September 8, 2024
February 20, 2024
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Round13 Digital Asset Fund Surges with Over 40% Gains



TLDR:

Round13 Digital Asset Fund has claimed gains of over 40 percent despite the tough crypto market conditions. The Toronto fund has raised $80 million USD and deployed the majority into early-stage startups and the rest into digital assets. The fund has outperformed Bitcoin and Ethereum and has seen strong interest from investors. The lead investor is a major Canadian pension fund.

Article Summary:

Despite a challenging crypto market, Round13 Digital Asset Fund has reported gains of over 40 percent since its inception. The Toronto fund has raised $80 million USD, with the majority being invested in early-stage startups like Wombo, Improbable, Confirm, and ChainSafe. The fund has outperformed Bitcoin and Ethereum by 30 and 60 percent, respectively, and has received strong interest from investors. The lead investor is an unnamed major Canadian pension fund.


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