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Crypto Investment Firm Valkyrie Plans $30 Million Venture Capital Fund

Crypto investments firm Valkyrie is moving into venture capital with a planned $30 million venture capital fund that will bet heavily on early-stage startups in Israel. To helm its effort, Valkyrie has brought on a veteran of Israel’s VC scene: Lluis Pedragosa, founder and former partner of cybersecurity-oriented Israeli VC Team8. He told CoinDesk that Israel’s crypto startup scene has been languishing in a "vacuum" and that despite the country’s surging tech entrepreneur landscape, funders, founders and builders were all avoiding crypto.
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