Crypto venture capital Portal Ventures completes approximately $90 million in oversubscribed fundraising
early blockchain venture capital firm Portal Ventures is close to completing the final fundraising for its second fund, which has a size of $75 million. Founder and general partner Evan Fisher said that the fund has been oversubscribed, with subscriptions reaching $90 million. According to documents submitted to the US Securities and Exchange Commission (SEC) in August, the initial target for the fund was $70 million, but Portal later decided to raise the ceiling by $5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will there be a Solana ETF by the end of 2025?
Cboe BZX filed four applications for spot Solana ETFs earlier this week.The approval path for additional spot crypto ETFs should become clearer with a pro-crypto White House administration.
Changes at the SEC start well ahead of Inauguration Day
One federal judge’s rulings this week found that the SEC had overstepped its authority and must vacate the Dealer Rule
Today's Fear and Greed Index fell slightly to 93, and the level is still extremely greedy
Trending news
MoreCrypto prices
More
