Union Square Ventures (USV), the 19-year-old, New York-based venture firm, has raised $275 million for its eighth early-stage fund and $350 million for its fourth opportunity fund, the firm announced in a blog post yesterday. Early last year, when Weissman announced in a similar blog post that USV had raised $250 million for its seventh core fund, he wrote explicitly that as in USV’s “last several funds,” the firm planned to invest roughly 30% of the capital in crypto-related investments and that it intended to hold tokens, and equity, in early-stage blockchain-related projects.One of these newer, related bets is Polygon, a platform for Ethereum scaling and infrastructure development. The most recent of these may be when the three-year-old stock trading platform Public last month purchased Otis, a startup that allows individual investors to buy fractional ownership in alternative assets, including NFTs and sports memorabilia. (USV, which waded into crypto earlier than most firms, was also an early investor in Coinbase and owned 8.2% of its Class B shares at the time of its direct offering last year.)