Fifth Era and Blockchain Coinvestors Announces Oversubscribed Fund II Close at $27 Million, Bringing Overall AUM to $75 Million

SAN FRANCISCO, April 12, 2021 /PRNewswire/ — Blockchain Coinvestors, a number one enterprise fund-of-funds and coinvestment program with a mixed portfolio of greater than 300 blockchain and crypto tasks, together with 20 blockchain unicorns, at present introduced that their second Fund closed with $26.9 million and was oversubscribed given sturdy demand for blockchain and crypto-related publicity amongst institutional traders, household places of work and personal shoppers.

The boutique, hyper-focused enterprise capital agency, which has been investing in blockchain since 2014, additionally just lately marked its 25th funding in a pure play blockchain enterprise capital fund and is acknowledged as one of many oldest and most influential early-stage traders throughout the blockchain ecosystem.

“We proceed to consider within the entrepreneurs which are utilizing blockchain expertise to maneuver the world right into a way forward for digital monies and belongings and are targeted on offering them and their VC backers the capital and sources required to gasoline their creativity and innovation,” stated Matthew C. Le Merle, Managing Associate at Blockchain Coinvestors. “It’s fairly one thing to suppose that many of the worth creation on this sector continues to be forward of us given the outsized returns traders have already been capturing,” added Co-Founder and Managing Associate, Alison Davis.

Blockchain Coinvestors has additionally created a partnership with Linqto and a Blockchain Coinvestors syndicate on AngelList to democratize entry to funding alternatives.

About Blockchain Coinvestors Launched in 2014, Blockchain Coinvestors’ aim has been to offer broad protection of the rising unicorns and quickest development blockchain firms and seize superior returns from investing within the main blockchain enterprise partnerships. The technique is now coming into its eighth 12 months and has so far invested in 25 pure play blockchain enterprise funds within the Americas, Asia and Europe; and in a mixed portfolio of greater than 300+ blockchain and crypto tasks together with 20+ blockchain unicorns. Headquartered in San Francisco, the funding administration agency was co-founded by Matthew Le Merle and Alison Davis. Go to us at www.blockchaincoinvestors.com

Media ContactMatt Yemma, Peaks Methods[email protected] 909-633-9396

SOURCE Fifth Period; Blockchain Coinvestors