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Cypher Capital Releases $100M Blockchain Fund  -Breaking

by Mike Robinson

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Cypher Capital Releases $100M Blockchain Fund

Cypher Capital, a venture capital firm, launched the largest seed fund in the MENA region. It covers countries in North Africa and the Middle East. DeFi and GameFi will be the targets of this $100 million investment.

Based in Dubai, the company takes a holistic approach to creating an ecosystem that allows blockchain-related projects success.

Bijan Alizadeh was the Cypher Capital founder and GP.

“We are very proud and honored to be launching our first and the biggest crypto, digital asset and blockchain private seed fund from the UAE and the Middle East Region.”
Cypher Capital believes in the potential benefits of collaborating with other venture capital firms to improve the blockchain ecosystem. This belief is reflected in Cypher’s latest $1.5 million investment made to Crypto Oasis Sentio.

“We aim to cooperate with and expand the ecosystem by working with visionary innovators, outstanding talent and other venture capital partners to create a holistic blockchain community with will in turn, foster the growth of the ecosystem,”
Alizadeh commented.

Alizadeh is a renowned crypto investor – he was a part of successful start-up projects, such as ACDX, Graph, Casper, Near Protocol, and Skale.

The Flipside

  • Crunchbase reports that private capital in crypto has reached $3.4 billion within the first two months in 2022, according to Crunchbase.

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