Protagonist launches $100M fund to make early-stage crypto companies the main character – TechCrunch
— Crypto, Launches, Markets, Protagonist, Fund, Earlystage, Build, Techcrunch, Understanding, 100m — 1 min read
Protagonist, a new crypto fund and incubation lab, has launched its first $100 million fund. The fund will be invested in mostly early-stage crypto companies focusing on gaming, infrastructure, emerging blockchains and ecosystems. It is also developing and incubating its own protocols in-house. George Bousis, co-founder of the fund, says this is the best time to be investing in the crypto market at this time of a bear market and the real builders and investors are going to thrive, he says. The firm was originally called Ship Capital, but changed its name soon after to Protagonist in 2022, and is now focused on early stage crypto companies in the early stages of the crypto space. It will invest in its initial portfolio. Source