Blockchain-focused Shima Capital raises $200m for debut fund

Blockchain-focused Shima Capital raises $200m for debut fund

Web3 world wide web based on blockchain incorporating decentralization and token based economics

Shima Capital, an investment firm that focuses on supporting blockchain startups, has launched its debut fund with $200 million in total commitments from various investors, including game developer Animoca Brands.

In a statement, Shima said its debut venture fund – Shima Capital I – will focus on pre-seed and seed stage blockchain companies as well as private tokens. It also aims to invest in debt-to-equity convertible notes in promising startups.

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