Dubai Firm Cypher Capital Raises $100M to Invest in Digital Assets - BitcoinEthereumNews.com
เทคโนโลยีบริษัทดูไบ Cypher Capital ระดมทุน 100 ล้านดอลลาร์เพื่อลงทุนในสินทรัพย์ดิจิทัล03 / 23 / 2022ข่าว Bitcoin Ethereum Cypher Capital, a Dubai-based venture capital firm, anounced on Wednesday a $100 million seed fund for the purpose of investing in digital assets including cryptocurrencies. Cypher Capital Raises $100 Million Led by the company‘s founder and general partner, Bijan Alizadeh, Cypher’s funds will be used to invest in decentralized finance (DeFi) platforms, blockchain applications and cryptocurrency gaming. “Its going to be 100% digital assets,” Bijan Alizadeh told รอยเตอร์ส. Cypher Capital is a venture capital firm with investment solutions for businesses based on blockchain technology and digital currency. Since 2020, the firm has accomplished 60+ financial investment projects and is striving towards achieving more. In an effort to promote blockchain adoption, the company is working on developing the next generation of infrastructure companies. With $10 million in assets under management, Cypher plans to deploy on average $2 million to $5 million each month and focus on investing in the Middle East, North Africa and South Asia regions. It would still invest elsewhere too. The firm is aiming at having $1 billion in assets under management in three years time, with hopes of raising capital for new investment funds in the future. Alizadeh shared that the company also plans