Castle Island Ventures announces new $50M venture fund

posted 10 months ago
Castle Island Ventures, the early-stage crypto fund helmed by Nic Carter and Matt Walsh, has raised $50 million for its second fund. “We believe that public blockchains are a transformative technology and will change the way that we interact with money, value transfer, trusted third parties and even the fundamental architecture of the internet itself,” Walsh wrote Monday.

Carter said the fund’s investors include high-net-worth individuals, family offices and others. “My first love is Bitcoin and we’re not abandoning Bitcoin,” said Carter, "Our focus has always been crypto financial market infrastructure and Bitcoin is not the only part of that.”
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