Crypto venture capital fund Frachtis has completed $20 million in fundraising

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ChainCatcher news, according to The Block, the former Chorus One management team has established a new crypto venture fund Frachtis, focusing on the intersection of blockchain and artificial intelligence, and has completed a fundraising of 20 million US dollars.

Frachtis will invest in decentralized infrastructure, middleware, and consumer-level applications, and has currently laid out eight projects including Hyve, Turtle.Club, and Bless network. The limited partners of the fund include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures.

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