Asymmetry Financial plans to create a $21 million Bitcoin DeFi Venture Fund I, focusing on investing in emerging areas of blockchain

ChainCatcher news, cryptocurrency fund Asymmetry Financial is creating Bitcoin DeFi Venture Fund I, focusing on investing in emerging areas of blockchain, with a target raise of $21 million. The fund will be led by General Partner and former Growth Director of Kraken, Dan Held.

Currently, the team refuses to disclose how much capital has been raised so far, but stated that "interest is strong." Existing funds come from ultra-high-net-worth individuals and fund-of-funds, and the fund will primarily invest in token trading but will also consider equity.