Reportedly, Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including Visa Inc.(V) and PayPal Holdings Inc. Blockchain Capital informed that some investors in Fund V, including PayPal and Visa, will also be participating in a strategic partnership program.
Founded in 2013, Blockchain Capital invests in both crypto and equity assets, informed that the investments will be focused on blockchain infrastructure and application of blockchain technology, NFTs, and decentralised finance (DeFi).
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Its mission is to connect the world through the most innovative, reliable, and secure payment network – enabling individuals, businesses, and economies to thrive. Their advanced global processing network, VisaNet, provides secure and reliable payments around the world and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying its brand, products, people, network, and scale to reshape the future of commerce. To learn more about Visa (V) and to track its ongoing progress please visit the Vista Partners Visa (V) Coverage Page.)
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