JAKARTA -- With global crypto trading volumes gradually picking up after falling off the cliff last year, tech investors are looking to double down on the sector again.
Singapore-based Whampoa Group, a multifamily office with investments in global tech companies, will launch a $100 million venture fund by the end of this year, according to sources close to the development. The venture fund, which is likely to invest in Series A financing of Web3 and digital assets, was previously reported to be due for launch in the fourth quarter of 2022.
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