Venture capital firm 1confirmation announced its year-end LP letter, having allocated $119 million in cash

ChainCatcher news, 1confirmation founding partner Nick Tomaino announced on Twitter in the year-end LP letter that 1confirmation Fund I and Fund II distributed $119 million in cash to partners, while Fund III and the NFT Fund have made 15 new investments and currently hold stakes and tokens in projects such as Ethereum, OpenSea, Cosmos, dYdX, and SuperRare.

It is reported that Fund I currently has a net distribution of 4.47 times the paid-in capital, with an IRR of 144.28%; Fund II currently has a net distribution of 1.2 times the paid-in capital, with an IRR of 173%. (Source link)