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

Odaily Planet Daily reported that 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 size of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain trading ecosystem, on-chain asset management, and real-world asset (RWA) tokenization, marking the company's official entry into the digital economy sector 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 incubation capabilities.

It is reported that the fund's first investment portfolio projects will be announced in the coming weeks.