Bain Capital Crypto raises second fund: deposit

A new crypto fund, co-directed by Stefan Cohen and Alex Evans, is focusing on startup investments and liquid tokens in the Decentralized Finance (DeFi) and Web3 sectors. The fund has already invested nearly 0 million in projects and is actively participating in protocol governance.

Stefan Cohen and Alex Evans are heading the first of its kind fund that is dedicated to supporting startups and liquid tokens in the DeFi and Web3 sectors. With a focus on investing in innovative projects, the fund has already injected close to 0 million in various ventures. Additionally, the fund is actively involved in the governance of protocols within the industry. This strategic approach allows the fund to not only invest in promising projects but also to have a say in the direction of the protocols they support.