博链BroadChain learned that at 08:30 on April 23, Blockchain Capital is raising a total of $700 million for two new funds. According to informed sources disclosed to Bloomberg, this fundraising includes its seventh early-stage fund and its second growth fund. Some of the new funds have already begun to be deployed, and the entire fundraising process is expected to be completed within the next five to six months.
As a significant venture capital institution in the crypto field, Blockchain Capital has previously raised approximately $1 billion for cryptocurrency investments. Its investment portfolio includes leading exchanges such as Coinbase and Kraken, as well as Tether Holdings. The company currently manages fee-earning assets of $2 billion, with a total portfolio value exceeding $6 billion.
This fundraising comes at a challenging time for the crypto market. Bitcoin's price is still down about 40% from its all-time high in October last year. According to industry data, the total assets under management tracked by crypto funds have decreased from $101.5 billion in the first quarter of 2025 to $93.4 billion in the first quarter of this year.