DNA Fund Acquires Coral Capital Holdings: Boosting Web3 Investments

Some of Coral’s top investments include Near Protocol and Atmos Labs.

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DNA and its founders have invested in or founded projects such as Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph.

This acquisition will boost the assets under management (AUM) of DNA Fund by more than $50 million, including Coral’s hedge funds and venture capital funds focused on DeFi, artificial intelligence, blockchain, and other emerging technology areas.

BlockBeats news, on October 19, reported that DNA Fund, an investment firm focused on emerging technologies and Web3, acquired Coral Capital Holdings, an investment management company that previously managed the DNA founder’s multi-million dollar fund.

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