Maven11Capital Launches $ 120 Lab Thib Ob Crypto Investment Fund

On December 2, venture capital firm Maven11Capital announced the creation of the second cryptocurrency investment firm called VentureFundII. It is a venture capitalist that raised a total of $ 120 million and made its first investment of $ 40 million in June of this year. Since then, the Maven team has made 28 investments, mainly in the DeFi protocol and the Web3 application. Maven has been investing in investing since 2017 and has supported Celestia, Qredo, NymTechnologies, SpectralFinance, MeritCircle, MapleFinance, Anoma and Zapper with two grants. Maven11Capital partner BalderBomans said the company invests in tokens and products. However, he added that he strongly believes that tokens will be the first option to secure cryptocurrencies and these assets. (The block)