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UAE based Cypher Capital invests $60 million of its $100 million Blockchain Fund in 40 blockchain startups

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    In a recent LinkedIn post for Vineet Budki, Managing Partner and CEO for Cypher Capital he announced that in one year since the launch of Cypher Capital the $100 million fund has invested $60 million in 40 + blockchain startups. According to Vineet the first fund had invested in over 100+ blockchain startups that included KILT Protocol, Casper Labs, Cross the ages and others. As for the $60 million, part of the $100 million fund, it was invested in blockchain startups that included Mysten Labs, zkLink, Karate Combat Revolving games, bitsCrunch Cymbal and many others. As per Budki, Cypher Capital invests in 4-5 startups each month as they continue to support the Web3 ecosystem with capital, knowledge and the CyberHub in Dubai UAE. This comes as Cypher Capital announced that it was part of the strategic funding round for zkLink, a pioneering multi-chain ZK-Rollup trading infrastructure. The startup raised $10 million   from a group of high-profile investors, in...