Staking Venture Chorus One Launches $30 Million Fund For Crypto Projects

The largest cryptocurrency staking provider in Europe, Chorus One ensures the safeguarding of billions of assets and facilitates interoperability between decentralized networks such as Ethereum (ETH), Solana (SOL), and others. The staking solution venture is known to operate across 28 blockchain networks as well as protocols and has accrued billions of assets after a booming year of staking business. Past year, Chorus One’s assets accumulated $6.5 billion. The Launch of Chorus Venture On April 5, Chorus One Ventures shared the announcement in a blog post stating the creation of a $30 million venture fund that will be focused on crypto-based projects such as decentralized networks, protocols, and related products. Chorus One has been an ecosystem leader since 2018 and today we're extremely pumped to take it one step further 💪 We're launching Chorus Ventures, which is dedicated to investing $30M in some of the most promising protocols, decentralized networks, and related products 🧵 — Chorus One (@ChorusOne) April 4, 2022 The fund will be under the management of the Research and Ventures Lead at Chorus One, Xavier Meegan. Chorus One Ventures will additionally be investing their own capital rather than seeking external funding, explained Meegan. “With the launch of Chorus Ventures, founders now have an alternative way to raise capital, through a company that has a vested interest in the longevity of decentralized networks.” The ...