Penny Jar Capital Files to Raise Fund II, Expanding Venture Capital Reach
Penny Jar Capital, backed by NBA star Stephen Curry, files to raise Fund II and a separate entity, Fund II Collective, with no target amounts disclosed.
Elliot Kim
The crypto space is gearing up for a period of significant growth, according to top investors in the industry. In a recent conversation at TechCrunch Disrupt 2024, investors from NFX, Galaxy Ventures, and Dragonfly Capital shared their insights on the market's future.
The investors, who have backed some of the most influential protocols, exchanges, and decentralized apps, pointed to high market prices, a more favorable regulatory landscape, and a large ecosystem of scaling solutions as key drivers of growth. They discussed the next big thing in crypto and the biggest surprises in their investment portfolios.
This optimism comes as a welcome respite for the crypto community, which has faced significant volatility in recent years. As the market continues to mature, investors are betting on the growth of decentralized technologies and their potential to disrupt traditional industries.
The conversation, which can be viewed on TechCrunch's YouTube channel, offers valuable insights for startups and entrepreneurs operating in the crypto space. With the right conditions in place, the crypto market is poised for significant growth, and investors are eager to capitalize on the opportunities that lie ahead.
Penny Jar Capital, backed by NBA star Stephen Curry, files to raise Fund II and a separate entity, Fund II Collective, with no target amounts disclosed.
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