Web3 investment company DNA Fund acquisition asset management company Coral Capital Holdings

2024-10-19 14:23:31

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BlockBeats news, on October 19, DNA Fund, which invests in emerging technology and Web3, acquired the investment management company Coral Capital Holdings, which previously managed the multimillion-dollar fund of DNA’s founder. DNA and its founder have invested in or founded projects including Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. This acquisition will increase the assets under management (AUM) of DNA Fund to over 50 million USD, including Coral’s Hedging fund and venture capital funds, which focus on Decentralized Finance, artificial intelligence, blockchain, and other emerging technology fields. Some of Coral’s top investment projects include Near Protocol and Atmos Labs.

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