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FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund

Published 05/11/2022, 05:30 AM
Updated 05/11/2022, 07:00 AM
FCA-regulated Fasanara Capital raises $350M crypto and fintech VC fund

London-based asset manager Fasanara Capital has launched a $350 million investment fund to back fintech and cryptocurrency startups that can deliver new use cases for the emerging Web3 economy.

The company, which manages $3.5 billion in assets, is targeting early-stage startups in the fintech and crypto spheres. It plans to establish long-term relationships with project founders and other industry veterans. This includes potentially larger equity commitments than traditional venture capital firms.

VC funds are allocating more resources to Web3 companies in 2022. Source: Cointelegraph Research Terminal.

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