Venture Capital
Blockworks exclusive: Shima Capital’s private crypto fund, which focuses on pre-seed and seed investments, debuts with about $200 million Shima Capital, led by a venture capitalist with crypto experience, has raised $200 million for a new vehicle keying in on early-stage private crypto plays. The Yida Gao-led firm’s limited partners include the likes of hedge fund billionaire Bill Ackman, former US presidential candidate Andrew Yang and fellow digital assets-focused venture firm Dragonfly.

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