Hong Kong based Web3 and blockchain fintech fund launches with USD100m in first close.
CMCC Global raised USD100m to launch a new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to build innovative Web3 companies.
- CMCC Global raised USD100m to launch a new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to build innovative Web3 companies.
- HONG KONG, Oct. 4, 2023 /PRNewswire/ - Hong Kong's push towards Blockchain enabled Fintech and Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week.
- The Titan Fund has reached its fundraising target of USD100m in the first close and is supported by a number of world leading blockchain investors.
- The Titan Fund is an institutional grade fund with State Street as the fund administrator and EY as the auditor.