Cryptocurrency fund Maximum Frequency Ventures raises $50 million
According to online reports, Shaikh, co-founder of blockchain development company Aptos Labs, announced that he and three former colleagues have raised US$50 million for cryptocurrency fund Maximum Frequency Ventures. Although Shaikh would not disclose the source of the funds, he said that the fund's limited partners include family offices in the United States, East Asia and Southeast Asia. In addition, four co-founders have also invested their own funds in the fund, but he declined to disclose the specific amount.
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