Hong Kong venture capital firm CMCCGlobal four cryptocurrency investment plans to raise $ 300 million

2021-10-29 10:26
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According to news from the 29th, Hong Kong's fourth venture capital cryptocurrency fund CMCC Global Asset Management, launched in April this year, has raised $ 90 million and plans to hit its goal of $ 300 million early. next year. Part of the new funds will be used to invest in areas such as DeFi and NFT. CMCC said Hong Kong conglomerate Li Zekai has invested in former CMCC funds through investment management group Yingke, and will move to new capital with other existing investors to l 'to come up. CMCC Global was founded in 2016 by Martin Baumann and Charlie Morris and is one of the first and largest investors in the Solana blockchain platform. Li Zekai and the Winklevoss brothers, founders of Gemini, are both investors in the holding company CMCC. CMCC is seeking to terminate the license to restrict the financial management of Bitcoin tracking when it asks the Hong Kong Securities Supervisor to establish a new crypto equity fund. (Bloomberg)

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