This edition of Cointelegraph’s VC Roundup highlights Borderless Capital’s recent acquisition, along with new funding raises by Keyring Network, Morph, Rails, BOB, FLock, and Race.
Venture capital firms are moving to seize market share amid the current bull cycle. March’s developments include the acquisition of a quantitative trading firm, CFT Capital, by Web3-native investment company Borderless Capital.
The move adds artificial intelligence and quant proprietary trading products to Borderless' businesses, targeting more efficiency in capital deployment across Web3 verticals, said the company with $600 million in assets under management.
Borderless is an early investor in Algorand, Blockchdaemon and Securitize — the latter of which is BlackRock's new partner in a tokenized digital fund.