Tim Draper has successfully raised 200 million USD for a crypto fund aimed at Web3 and DeFi projects. This move signals a growing institutional interest in the crypto space, evidenced by MicroStrategy’s 2 billion USD pursuit for Bitcoin investments.
Ethereum (ETH) reached a market cap of 460.13 billion USD, up by 8.52%, although it experienced a 3.05% dip in 24 hours. The crypto community expresses optimism about transformative projects emerging from this new funding.
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