Blockchain venture capital firm BlockBooster has launched its first fund, BlockBooster Digital Venture Fund I, with a scale of $50 million

Odaily Planet Daily News, according to Reuters, blockchain venture capital firm BlockBooster announced on May 15 the launch of its first fund, BlockBooster Digital Venture Fund I, with a scale of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain trading ecosystem, on-chain asset management, and tokenization of real-world assets (RWA), marking the company's official entry into the digital economy field as a full-fledged alternative asset manager.

Founded in 2023, BlockBooster has received support from institutional investors such as OKX Ventures. The company's founder and CEO, Samuel Gu, stated, "Deep incubation is the most proactive form of asset management," and the launch of this fund represents an important step in institutionalizing the venture capital incubation capability.

It is reported that the initial investment portfolio projects of this fund will be announced in the coming weeks.