M31 Capital launches $100M Web3 investment fund with $50M in commitments so far By Cointelegraph

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M31 Capital launches $100M Web3 investment fund with $50M in commitments so far

Crypto-focused investment firm M31 Capital has launched a new investment fund dedicated to Web3 companies, further underscoring the industry’s shift toward decentralized internet projects.

The M31 Capital Web3 Opportunity Fund will invest up to $100 million in token projects and private equity opportunities within Web3, the company announced Tuesday. Initially, the fund will invest in projects building decentralized internet infrastructure and applications. Presumably, the new investment vehicle will be a “liquid venture fund,” a structure that gives investors liquidity after only a 12-month lock-up period.