Risk capital investors in Vietnam are increasingly setting up blockchain funds as they gear up to grab a slice of the nascent cryptocurrency sector that’s bustling with action.
In September, Alpha Moon Capital, a blockchain-focused fund was established by serial entrepreneur Ngoc Nam Nguyen to invest in startups in Vietnam and Singapore. The fund, to date, has approximately $20 million in AUM, more than 120,000 active members in its medial channels, not only focusing on blockchain games but also investing in early-stage startups specialising in decentralized financing (DeFi), non-fungible token (NFT) and Web3.
