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Arca’S First Early Stage Venture Fund, Endeavor, Closes Its Oversubscribed Round Over $30M

Arca’S First Early Stage Venture Fund, Endeavor, Closes Its Oversubscribed Round Over $30M

10/05/21, 8:23 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Arca, an asset management firm focused on investing and innovating in digital assets, today announced the launch of its first venture focused fund, the Arca Endeavor Fund (the Fund), an early-stage, closed-end venture fund focused on investing in innovative founders across various segments of the digital asset ecosystem. The Fund, which was oversubscribed above its $30M cap, marks the latest addition to Arca’s suite of management products and highlights earlier-stage investment opportunities previously seen and invested in by Arca’s flagship Digital Assets Fund. In early August, Arca launched its Digital Yield Fund, the first actively managed income fund in the digital asset space.

Company Info

Company
Arca
Location
los angeles, california, united states
Additional Info
“The founders of today and tomorrow need the network, distribution engine and rigorous analysis that Arca can provide. Arca was the first registered fund to issue shares via the blockchain, which integrates blockchain’s peer-to-peer technology and instant settlement features with traditional investment vehicles.