Infinity Ventures Crypto (IVC) has closed its inaugural fund capped at $70 million to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3 innovations.
As Asia’s most active fund targeting the region’s booming crypto currency industry, IVC is participated by heavyweights such as Circle, Digital Currency Group, and Animoca Brands.
Infinity Ventures Crypto’s market reach
Since its founding, IVC has injected capital and expertise into 78 portfolio companies.
With 13 years of experience in traditional venture capital under the sister fund Headline Asia, Infinity Ventures Crypto leverages its effective global network to empower blockchain startups.
IVC empowers startups globally, including in Southeast Asia, Taiwan, Japan and USA.
Being a venture building partner, Infinity Ventures Crypto is committed to supporting its founders fully, from tokenomics design to cryptocurrency exchange listings.
Infinity Ventures Crypto’s hands-on approach
Brian Lu, a Partner at Infinity Ventures Crypto expressed his appreciation.
“As a bridge between the East and West, we take a boots-on-the-ground approach by assembling teams of local experts to stoke the growth of our portfolio companies.”
“We’re proud of the fast start and excited to share our expertise with more innovators.”
Infinity Ventures Crypto’s first investment was Yield Guild Games (YGG), a Philippines headquartered play-to-earn gaming guild and DAO that invests in Non Fungible Tokens.
Infinity Ventures Crypto and YGG joined so as to venture-build and incubate their first subDAO, YGG SEA, which will provide localized support in the Southeast Asian region.
“Aligning with Infinity Ventures Crypto’s vision to help the unbanked and the underbanked, these games provide an additional income stream to players during the pandemic,” said Lu.
IVC’s strategic partners also include Akio Tanaka, Founder of Headline Asia; Herbie Fu, former Partner at 8 Decimal Capital; JT Law, Co-Founder of VerifyInvestor; Alex Yeh, Co-Founder of AuraBlock Ventures; and Richie Chaval Jiaravanon, former CEO of Snapask Thailand.
