South Korean venture capital firm Hashed has announced that it has created $ 200 million in new funds. Funds, metawares, and blockchain-based games called “The Hashed Venture Fund II” NFTAnd DeFi Will invest in Web3 startups including

“We are very optimistic about Web3’s potential for restoring trust and enabling new types of governance, where players collectively make crucial decisions about how to define metawares,” Hashed said in a statement. That said.

Hashed raised $ 120 million for the first fund announced last year, using which the company has invested in a number of startups, including dYdX, Mythical Games, Republic, Chain and NFTBank.

It said it had launched a new fund of $ 200 million and aims to complete the investment within two years.

Investor in Axis Infinity and Sandbox

On the other hand, the fund kept investors secret. However, it was noted that there are partnerships from the largest information technology companies, holdings and world-renowned investment companies in South Korea. Hashed has been an active investor in the Web3 playground since 2017 and has also invested in projects such as Accessi Infinity and The Sandbox.