Deep Tide TechFlow News, June 3rd, according to Fortune, the venture capital firm Variant focused on the crypto space has completed its fourth fund, Variant 4, raising $222 million, primarily investing in early-stage companies and supporting their growth.

Variant founder Jesse Walden stated that the fund continues the previous investment logic centered around blockchain decentralization, while expanding investment themes to AI and "autonomy." He said that although the Web3 vision has not fully materialized, decentralization has already led to cases like Uniswap, Morpho, and others in the decentralized finance sector; in the future, crypto will be more like infrastructure and settlement tracks supporting various products rather than an independent product category.