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