W3BStation
Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
04/24/2026

Blockchain Capital Targets $700 Million War Chest for AI-Crypto Convergence

Coinbase backer Blockchain Capital is raising $700 million across two new funds—its seventh early-stage fund and second growth fund.

Blockchain Capital Targets $700 Million War Chest for AI-Crypto Convergence

What happened: Coinbase backer Blockchain Capital is raising $700 million across two new funds—its seventh early-stage fund and second growth fund. The San Francisco-based firm expects to close both funds within five to six months, capitalizing on the AI-crypto convergence narrative that has dominated venture funding in 2026.

Why it matters: This fundraising effort signals continued institutional confidence in crypto infrastructure investments despite market volatility. Blockchain Capital's timing aligns with the growing intersection of AI and blockchain technologies, positioning the firm to capture deals in tokenized AI compute, decentralized training protocols, and AI-powered DeFi applications that have emerged as key investment themes.

Source: CoinDesk