According to a report from TheBlock on June 24, Deep Tide TechFlow news states that Frachtis, a new venture fund focused on Crypto Assets, has announced the completion of a $20 million fundraising, focusing on investing in Blockchain and artificial intelligence integration projects at the pre-seed and seed stages, with key directions including Decentralization infrastructure, middleware, and user-facing applications.
The fund has invested in 8 projects including Hyve, Turtle.Club, and Bless Network, with LPs including Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures.
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