These days, the blockchain investment market is quite hot, and funds like Coinvestor are continuously raising large amounts of capital. Did you see the news that Coinvestor launched a new fund worth $200 million? They say it's a strategy targeting projects between Series B and D rounds, planning to invest in about 20 to 30 projects.

This company itself has been around since 2014, so it's quite established, and they have a track record of investing in over 400 blockchain and cryptocurrency projects so far. With total assets under management of $450 million, they are a pretty major player. Looking at it this way, the blockchain venture fund market also seems to be continuously growing, and more good projects having opportunities to raise funds is a positive development.