Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects

Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects


The firm has previously invested in privacy-focused smart contract platform Aztec Network, Ethereum-based DeFi protocol Euler Finance, Polygon and Uniswap, to name a few. Variant Fund III follows a $110 million second fund last October, itself coming about a year after the $22.5 million debut fund.

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