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.