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M31 Capital launches $100M Web3 investment fund with $50M in commitments so far

Coin Telegraph LogoCoin Telegraph2 mo ago

M31 Capital launches $100M Web3 investment fund with $50M in commitments so far - Coin Telegraph

Quick Summary:

The investment fund, which was founded by an early Bitcoin investor, said the current market cycle is the first time in a decade where prices and fundamentals have diverged so wildly.

However, a high correlation suggests more short-term pain could be in store for the crypto sector as central banks around the world attempt to rein in inflation.

As reported by Cointelegraph Research, Web3 has dominated venture capital interest this year.


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Article Details

Author / Journalist: Cointelegraph By Sam Bourgi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-04 @ 22:00:00 (2 months ago)

News Timezone: GMT -5:00

Ranking: #146 (out of 3245 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 303 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 727806

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "M31 Capital launches $100M Web3 investment fund with $50M in commitments so far" has 303 words across 12 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "M31 Capital launches $100M Web3 investment fund with $50M in commitments so far" was covered 2 months ago by Coin Telegraph, a news publisher based in United States.

How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 27 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #727806
  • URL: https://beamstart.com/news/m31-capital-launches-100m-web3-16649185309867

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