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Blockchain Industry Gets Boost as US Firms Set to Raise $100 Million For Crypto Fund – Are Instituti

Despite a series of high-profile moves by the Securities and Exchange Commission as it seeks to reign in the US Crypto Industry, a new digital asset fund venture could reignite market growth. The result of a partial merger between leading firms Alpha Sigma Capital and Transform Ventures. The two new funds will see $100m raised for investment in the future of Web3. California-based digital asset fund Alpha Sigma Capital announced the venture. In an interview with Reuters, CEO Enzo Villani (Former Head of Int'l Strategy at OKX) described how the funds would drive real growth for Web3. "The real growth of blockchains and the real growth of Web 3 are starting to happen," said Villani. "A lot of things that are happening right now [in crypto] may be challenging. But I think the industry would be going through these [challenges] anyways".

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