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.