Metalayer Ventures Launches $25 Million Fund for Early-Stage Blockchain Projects

Metalayer Ventures, a venture capital firm focused on cryptocurrencies, has launched a new fund worth $25 million to invest in promising startups within the blockchain space. The firm’s investment strategy focuses on projects involved with stablecoins, tokenization, and cryptocurrency infrastructure. They have already backed seven companies, including AnchorZero, which helps crypto businesses use Roth IRAs for tax advantages, and Spark Capital, focused on stablecoin infrastructure. Other portfolio companies include Ethena, ClearToken, Crossover Markets, Station70, and Theo, an on-chain trading platform with a recent $20 million raise from multiple VC firms.