Multicoin Capital has now just announced its newest $430 million fund – “Venture Fund III”. According to a press release: “Venture Fund III” is a $430 million fund that will invest $500 thousand to $25 million in early-stage opportunities – all the way up to $100 million-plus for later-stage projects when combined with their evergreen liquid fund. 

Multicoin Capital said that they plan to use the fund for investments in projects that are “poised to reshape massive consumer-facing markets.” Apparently, this will include projects offering creator monetization through online platforms that use crypto for payments, DeFi apps, NFTs, and social tokens, as well as building crypto-native consumer products.