Crypto-focused firm Framework Ventures has raised $400M to launch a new investment fund.
Roughly half of these funds will go to startups in the GameFi space, which the founders of the company predict explosive growth.
The FVIII is the third fund created by Framework Ventures in its two years of existence. The company has $1.4 billion in assets under management.
The Framework Ventures portfolio includes well-known projects such as Aave, Chainlink and Illuvium.
The Sandbox metaverse project plans to raise $400M at a $4B valuation.
