Greenfield One launches Europe's largest crypto fund

The Berlin-based investor has raised €135 million for the venture. The backers include European corporations and a US billionaire.

The crypto hype continues. Berlin-based financial investor Greenfield One has launched a new crypto fund. It is said to be the largest of its kind in the European region. For this, the firm landed investments amounting to 135 million euros.

Investors include Bertelsmann Investments, Swiss firm Swisscom and Commerzbank subsidiary CommerzVentures. US billionaire Mike Novogratz, who specialises in cryptocurrencies, is also on board with his fund Galaxy Vision Hill, as the Manager Magazine reports.

It is already the third fund of this kind that Greenfield One has launched. The fact that the second had only launched in December 2020 and raised only €50 million is an indication of how quickly the crypto scene is developing. Greenfield One's first two funds were previously considered lucrative for investors: their money was increased tenfold.


Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Investor 2014 Frankfurt a. Main CommerzVentures Corporate venture capital company of Commerzbank Group focusing on early and growth-stage start-ups in the banking and insurance sector.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts