White Star Capital has pivoted its attention towards blockchain and digital assets through the final close of an investment vehicle dedicated to the space.
US-based investment firm White Star Capital has hit the final close of a $50m fund focused on blockchain technology and cryptocurrencies with commitments from video game developer Ubisoft.
French state-owned investment bank Bpifrance is also a limited partner in the Digital Asset Fund, which was initially targeting $30m.
White Star Capital plans to make initial investments of between $500,000 and $3m per deal in 15 to 20 companies primarily located in North America and Europe. It will invest in pre-seed,…