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Portal Ventures raised a $75 million encryption fund in excess of subscription
Golden Finance reported that Portal Ventures, a cryptocurrency venture capital fund prior to the seed round, raised an oversubscribed $75 million encryption fund, supported by Chris Dixon and Marc Andreessen. Meanwhile, Portal Ventures will host a seminar aimed at educating institutional investors on the role of sBTC in improving BTC capital efficiency and transforming it into a productive asset, and Portal Ventures has led several pre-seed rounds related to Stacks.