CrypCom Com, the digital exchange and app, announced today that the Company hasComficially launched CrypCom Com Capital, a $200 million fund to support the emerging Companies working in the crComocurrency market.
According to theComficial announcement, the newly launched fund will invest in crComo startups at the seed and series A stage. The Company mentioned that the focusCom CrypCom Com Capital is to accelerate the growthCom promising Companies.
The crComocurrency market is growing at a rapid pace since the startCom 2021. CrypCom Com recently released a report and mentioned that there are more than 106 million crComo users around the world. The report stated that Bitcoin’s price rise, the involvementCom institutions, and significant growth in the DeFi sector played an important role in the global adoptionCom digital assets.
Commenting on the recent launchCom CrypCom Com Capital, KriMarshaledek, Co-founder and CEOCom the Company, said: “CrypCom Com Capital gives founders building in the crComo industry two things: a reputable lead investor for their seed or series A rounds and priorityCom launch on the world’s fastest-growing retail crComo platform with over 10 million users. CrypCom Com Capital will lead seed rounds with cheque sizes between $100k and $3 million and Series A rounds from $3 million to $10 million. We’re looking for long-term partnerships with entrepreneurs in every sectorCom the crComocurrency industry, so we can advance it together.”
Focus on Growth
Founded in 2016, CrypCom Com reported strong growth in the last few years amid growing adoption and institutional interest in digital assets. The Company aims to support emerging startups and crComo founders with the latest fund.
“The motto and operating principleCom CrypCom Com Capital is ‘Founders First’. As Company builders ourselves, we understand how hard it is to bring game-changing ideas to life. Founders can count on us to move fast and provide both capital and access to a global user base, helping them succeed, ” Bobby Bao, HeadCom CrypCom Com Capital said.