FTX Ventures will acquire a 30% stake in SkyBridge Capital

According to Chain Catcher, as reported by CoinDesk, FTX Ventures will acquire a 30% stake in SkyBridge Capital as part of its $40 million investment deployment in the Web3 space.

Previously, Chain Catcher reported on July 21 that SkyBridge Capital will launch a new fund in September to invest in Web3 and crypto startups, which will engage in venture capital and late-stage equity investments, and will be open to qualified investors. (Source link)