Bankless Ventures announced the launch of the second phase of its fund (Fund II) with a goal of raising US$50 million. In the past 21 months, Bankless Ventures has entered multiple early-stage investment projects, and Fund I has completed 90% deployment of funds with a size of US$40 million. It also plans to add an investment partner to Fund II to further enhance strategic execution. The company emphasized that in the future, the encryption industry will usher in emerging areas such as AI agents, stablecoins and zero-knowledge technology, and Bankless Ventures will continue to deploy capital in these cutting-edge areas.
read the original