Crypto Investment Firm Maven 11 Capital Closes $120M Fund

Venture Fund II differs from Maven 11′s first fund in being closed-ended, or issuing a fixed number of shares, and having a wider group of backers including wealthy individuals, crypto entrepreneurs, family offices and institutions. The new fund has already deployed investments into gaming-focused DAO Merit Circle, lending platform Maple Finance, layer 1 blockchain Anoma and DeFi dashboard Zapper, among others.

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