Crypto venture capital fund Frachtis completes $20 million fundraising

Odaily News The former Chorus One executive team has established a new crypto venture capital fund, Frachtis, which focuses on the intersection of blockchain and artificial intelligence and has raised $20 million. Frachtis will invest in decentralized infrastructure, middleware and consumer applications, and has currently deployed eight projects including Hyve, Turtle.Club and Bless network. The fund's limited partners include Chorus One, cyber•Fund, RockawayX and Theta Blockchain Ventures. (The Block)