Blockchain venture capital firm BlockBooster has launched its first fund, BlockBooster Digital Venture Fund I, with a size 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 size of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain trading ecosystems, on-chain asset management, and real-world asset (RWA) tokenization, marking the company's official entry into the digital economy space as a comprehensive alternative asset manager.

Founded in 2023, BlockBooster has received support from institutional investors including OKX Ventures. The company's founder and CEO, Samuel Gu, stated, "Deep incubation is the most proactive form of asset management," highlighting that the launch of this fund represents a significant step in institutionalizing its venture incubation capabilities.

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