Cryptocurrency venture capital firm Polychain Capital announced that it has raised approximately $200 million for its fourth fund, completing half of its total fundraising goal

ChainCatcher news, according to Fortune, venture capital firm Polychain Capital has raised approximately $200 million for its fourth fund, while laying off three members of its research team under a new investment focus. The company still plans to raise a total of about $400 million for the fourth fund.

According to data from Pitchbook, Polychain has raised three funds with assets under management of approximately $2.6 billion.