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DNA Fund Acquires Coral Capital; To Manage $50 Million AUM In Web3, AI & Emerging Tech
Oct 18, 2024•over 1 year ago
Contract Type
partnership
Description
DNA Fund has announced its acquisition of Coral Capital Holdings LLC, an established investment management firm, to manage an additional AUM of over $50 million, including hedge funds and venture funds focused on DeFi, AI, blockchain, and other emerging technology sectors.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months