Re7 Capital launches a $10 million SocialFi venture capital fund

Gate.io News bot message, the decentralized finance investment company Re7 Capital announced the establishment of a $10 million venture capital fund, focusing on investing in early-stage startup projects in the SocialFi sector. The fund plans to invest in approximately 30 startups.

The fund is led by Re7 Capital and supported by institutions such as the SocialFi platform Lens founded by Aave founder Stani Kulechov and Farcaster co-founder Dan Romero.

Source: The Block

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