Blockchain Capital has an additional $150m to back crypto startups from across the globe

Blockchain Capital, a venture capital company, has raised $150m to invest in companies operating in the crypto space.

The company was launched in 2013 and has since managed to increase its assets under management to $250m, with the latest fund being the biggest yet and named Blockchain Capital IV.

They have so far invested in over 70 companies including Coinbase, Ripple, Circle, Ethereum and Kraken - all well-known in the crypto sector.

Blockchain Capital IV will be a multi-stage fund that invests in both equity and crypto assets.

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