The crypto-focused investment vehicle received LP commitments from investors including Animoca Brands and FTX Ventures as it nears its $145m target.

Cryptocurrency exchange FTX and blockchain and gaming technology developer Animoca Brands were among the limited partners that committed to New York-based venture capital firm 6th Man Ventures’ $145m second fund, The Block has reported.

The fund will focus on three main areas in the crypto-sphere, namely metaverse and play-to-earn gaming, Web3 networks and decentralised autonomous organisations (DAOs) as well as infrastructure. It will target pre-seed, seed and series A rounds with investments typically between $1m and $2m but can go…

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.