Within the crypto venture capital (VC) landscape, notable investors, including Marc Andreessen, Galaxy Digital, and Accolade Partners, have emerged as crucial backers of the latest fund by 1kx, a prominent player in the crypto investment sphere.
According to Lasse Clausen, the founding partner of 1kx, the firm has successfully raised $75 million for its latest fund. Chris Dixon, a partner at Andreessen Horowitz, is cited as one of the limited partners involved in this endeavor, as Bloomberg reported on Mar. 28.
Clausen further revealed that private equity firm Accolade is the anchor investor in the new fund, signifying a significant endorsement within the crypto investment ecosystem.
This new fund by 1kx is strategically targeting crypto-based consumer applications. Clausen indicates that approximately five investments have already been made, although specific companies were not disclosed. Founded in 2018 by Clausen and Christopher Heymann, 1kx continues to assert its influence in the crypto investment landscape.
This announcement comes amid growing institutional interest in the crypto sphere, mainly fueled by the recent approval of spot Bitcoin exchange-traded funds (ETFs) in the United States.
A report from PitchBook says that venture capital funding for crypto startups rose sharply in the fourth quarter of 2023, hitting $1.9 billion. This was a 2.5% increase from the previous quarter. This is the first rise in VC investments since March 2022 and the first sign of improvement.
Estonia, 22nd October 2025, ZEX PR WIRE, AgriFi, a blockchain-powered agricultural finance protocol, is redefining…
Manchester Christmas Markets — The Beating Heart of Britain’s Festive Season London, UK, 21st October…
London, UK, 21st October 2025, ZEX PR WIRE, For millions of passengers travelling through Heathrow…
Dubai, UAE, 21st October 2025, ZEX PR WIRE, In a year that’s already shaping up…
Bolivia’s president-elect, Rodrigo Paz, has a bold plan to use blockchain technology in government buying…
Singapore, 20th October 2025, ZEX PR WIRE, ANOME, the Web3 ecosystem uniting NFTs, GameFi, and…