Crypto investment firm Arete Capital plans to raise $20 million for its first fund
Former ROK Capital researcher McKenna and former growth director Haruko Ilya Paveliev founded a cryptocurrency investment company called Arete Capital. The company launched its first fund on April 1, focusing on the institutional DeFi and blockchain gaming verticals, with a target size of $20 million. The founders stated that the fund had already committed $10 million at launch and is expected to be fully paid off within the next two months. Half of the fund will be allocated to venture capital, and the other half will be used for liquidity token investments. It will primarily focus on institutional DeFi, real-world assets, blockchain gaming, and other emerging crypto ecosystems. The fund has appointed three advisors: Collin Erickson, an independent advisor for centrifuge and other projects; CryptoanonSparkC, co-founder of the cryptocurrency gaming group WolvesDAO; and CryptoanonOdysseas, an engineer at Phylax who previously worked at Nomad.
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