Infinity Ventures Crypto Announces Close of Its First Fund at $70 Million
Infinity Ventures Crypto (IVC) has announced the closing of its inaugural fund capped at $70 million. The focus of the fund is to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3 innovations.
As Asia’s most active fund targeting the region’s booming crypto industry, IVC is participated by heavyweights such as Circle, Digital Currency Group, and Animoca Brands. Since its founding in August 2021, IVC has injected capital and expertise into 78 portfolio companies.
With 13 years of experience in traditional venture capital under the sister fund Headline Asia, IVC leverages its global network to empower blockchain startups across the globe, including those in Southeast Asia, Taiwan, Japan, US, and others. As venture-building partners, IVC is committed to supporting its founders fully, from tokenomics design to cryptocurrency exchange listings.
“As a bridge between the East and West, we take a boots-on-the-ground approach by assembling teams of local experts to stoke the growth of our portfolio companies,” said IVC Partner Brian Lu. “We’re proud to be off to a fast start and are excited to share our expertise with more innovators.”
IVC’s first investment was Yield Guild Games (YGG), a Philippines-headquartered play-to-earn gaming guild and DAO that invests in NFTs. IVC and YGG joined together to venture-build and incubate their first subDAO, YGG SEA, which will help provide localized support throughout the Southeast Asian region.
“Aligning with IVC’s vision to help the unbanked and the underbanked, these games provide an additional income stream to players during the pandemic,” said Lu.
IVC partners also include Akio Tanaka, founder of Headline Asia; Herbie Fu, former partner at 8 Decimal Capital; JT Law, co-founder of VerifyInvestor; Alex Yeh, co-founder of AuraBlock Ventures; and Richie Chaval Jiaravanon, former CEO of Snapask Thailand.
About Infinity Ventures Crypto
Infinity Ventures Crypto was founded to empower and invest in pioneering GameFi, DeFi and Web 3 startups. The fund’s partners have invested in crypto assets since 2015 and have guided companies through a rapidly-evolving landscape. Since August 2021, IVC has made numerous strategic investments into a diverse range of startups including Yield Guild Games and the Japanese yen-pegged stablecoin, JPYC. IVC aims to innovate, build, and catapult forward the next generation of founders.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220208005128/en/
Contact information
For inquiries and requests:
Kimberly Wang
Director of Communications
+886-909016209
kimberlywang@infinityventures.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Textron Aviation Raises the Bar for Workforce Development With State-of-the-Art Career & Learning Center23.4.2025 23:00:00 EEST | Press release
Textron Aviation Inc. a Textron Inc. (NYSE: TXT) company, today announced its new Career & Learning Center is complete and fully operational serving prospective, current and future Textron Aviation employees. Strategically located on the company’s East Wichita Campus, this state-of-the-art facility expands the training footprint to more than 75,000 square feet and provides a world-class employee experience during the application, hiring, onboarding and training processes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250423874476/en/ Textron Aviation Career and Learning Center | Textron Aviation “The Textron Aviation Career & Learning Center is an important investment in building the next generation of aviation manufacturing, support and professional talent,” said Ron Draper, president and CEO. “Recruiting, hiring and training a world-class workforce is vital to our ability to provide the best aviation experience for our cu
TSMC Unveils Next-Generation A14 Process at North America Technology Symposium23.4.2025 21:40:00 EEST | Press release
TSMC (TWSE: 2330, NYSE: TSM) today unveiled its next cutting-edge logic process technology, A14, at the Company’s North America Technology Symposium. Representing a significant advancement from TSMC’s industry-leading N2 process, A14 is designed to drive AI transformation forward by delivering faster computing and greater power efficiency. It is also expected to enhance smartphones by improving their on-board AI capabilities, making them even smarter. Planned to enter production in 2028, the current A14 development is progressing smoothly with yield performance ahead of schedule. Compared with the N2 process, which is about to enter volume production later this year, A14 will offer up to 15% speed improvement at the same power, or up to 30% power reduction at the same speed, along with more than 20% increase in logic density. Leveraging the Company’s experience in design-technology co-optimization for nanosheet transistor, TSMC is also evolving its TSMC NanoFlex™ standard cell architec
Veracode Delivers End-to-End Risk Coverage with New Tools: AI-Powered Dynamic Analysis Security Testing with External Attack Surface Management23.4.2025 18:42:00 EEST | Press release
Veracode, a global leader in application risk management, today announced new capabilities to help organizations address emerging threats, giving security professionals better visibility and control in one place. The launch includes new AI-powered functionality in the Dynamic Application Security Testing (DAST)product and an External Attack Surface Management (EASM) capability. Together, they enable security teams to discover their entire attack surface and prioritize the most critical risk to streamline and simplify security scanning. “Security teams need to see and secure everything; not only what is inside their perimeter,” said Derek Maki, Head of Product at Veracode. “With our latest DAST capabilities and Application Risk Management platform enhancements, we’re helping organizations shift from vulnerability scanning to holistic risk management, to better identify risk residing in unidentified external assets.” Tackling Risk Across a Growing Attack Surface Modern development cycles
Incyte to Showcase New Data from its Oncology Portfolio at 2025 American Society of Clinical Oncology (ASCO) Annual Meeting23.4.2025 18:03:00 EEST | Press release
Incyte (Nasdaq: INCY) today announced that multiple abstracts featuring new data from its oncology portfolio will be presented at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting, held May 30 – June 3, 2025, in Chicago. “The data featured at the 2025 ASCO Annual Meeting, from both our approved medicines and early-stage pipeline, reflect our ongoing efforts to transform cancer care,” said Pablo J. Cagnoni, M.D., President and Head of Research and Development, Incyte. “We are advancing potential therapies across some of the most difficult-to-treat cancers and hematological diseases, including squamous cell anal cancer, ovarian cancer and myelofibrosis, with the hope of making a meaningful difference for these patients.” Key abstracts accepted for presentation: Oral Presentations INCB123667 Safety and Preliminary Efficacy from a Phase 1 Study of INCB123667, a Selective CDK2 Inhibitor, in Patients with Advanced Platinum-Resistant and Refractory Ovarian Cancer (OC) (Abst
LTIMindtree’s FY25 Revenue up 7% in INR23.4.2025 17:42:00 EEST | Press release
LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the fourth quarter and full year ended Mar 31, 2025, as approved by its Board of Directors. “We concluded FY25 with a revenue growth of 5% in constant currency terms and an EBIT margin of 14.5%. Our key verticals and a major geography drove our yearly growth despite an ongoing challenging macro environment. The robust order inflow, driven by a significant array of AI-led deal wins, illustrates the pervasive integration of AI across our service offerings. Venu Lambu’s transition to LTIMindtree has been seamless and supports our strategic goals. His growing understanding of the organisation, combined with our ability to secure large deals, strong presence in tech-intensive sectors, and robust balance sheet, positions us well to leverage the opportunities ahead of us.” - Debashis Chatterjee, Chief Executive Officer and Managing Director Key finan
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom