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BlockTower venture capital division splits into Strobe Ventures and plans to raise $100 million

Online reports that BlockTower Capital's venture capital arm has been officially spun off into a separate company established under the name Strobe Ventures, with assets under management (AUM) of US$235 million and plans to raise US$100 million for its second fund. Strobe Ventures will double its investment in early-stage cryptocurrencies with a "high belief" strategy.

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