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	<title>Phoenix Crypto VC &#8211; Crypto Market Insights: Dive In with CryptoUpdate.io</title>
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		<title>Cypher Capital backed up Indian crypto with $40 Million investments</title>
		<link>https://cryptoupdate.io/2022/03/24/cypher-capital-backed-up-indian-crypto-with-40-million-investments/</link>
					<comments>https://cryptoupdate.io/2022/03/24/cypher-capital-backed-up-indian-crypto-with-40-million-investments/#respond</comments>
		
		<dc:creator><![CDATA[Chavy S.]]></dc:creator>
		<pubDate>Thu, 24 Mar 2022 06:45:22 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[blockchain ecosystem]]></category>
		<category><![CDATA[Cypher Capital]]></category>
		<category><![CDATA[Phoenix Crypto VC]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/?p=4164</guid>

					<description><![CDATA[<p>The Cypher Capital, Crypto venture platform which earlier known as Phoenix Crypto VC. &#160;It was said that it has allocated almost $40 million out of $100 million seed fund for investing in crypto startups and Indian blockchain. The firm based in UAE said that it will invest $100 million fund all across crypto, blockchain and [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/03/24/cypher-capital-backed-up-indian-crypto-with-40-million-investments/">Cypher Capital backed up Indian crypto with $40 Million investments</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Cypher Capital, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> venture platform which earlier known as Phoenix <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> VC. &nbsp;It was said that it has allocated almost $40 million out of $100 million seed fund for investing in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> startups and Indian blockchain. The firm based in UAE said that it will <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>invest</a> $100 million fund all across <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>, blockchain and other projects of digital asset.</p>



<p>Here, Cypher Capital also said that this will roll out 10,000 sq ft of the blockchain, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> with hub of digital asset. Thereby, adding that fund had invested in more than 15 Indian platforms of blockchain that include Safle and Solrazr.</p>



<p>The eyes of the platform expand the portfolio, with complete focus on seed funding. Focus was also to gain proper & adequate control on the established funds of blockchain as GP or general partners and LP&rsquo;s or limited partners.</p>



<h2 class="wp-block-heading" id="h-bringing-crypto-enthusiast-together">Bringing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> Enthusiast together!</h2>



<p>With setting up of the Cypher Capital, it clearly aims to bring <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> enthusiasts, all the entrepreneurs as well as startups, and it also serve as a perfect place to be. This is by offering access and gatherings for the members and community.</p>



<p>This fund also aims to simply deploy about $150,000 in early-stage of the startup of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> & blockchain startups.</p>



<p>We also have an understanding about knowledge as well as expertise to mentor various projects & entrepreneurs. This will equip them with tools that they require for victory. At such moment we get interest in various projects in DeFi (decentralize <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a> Finance), metaverse and <a href="https://cryptoupdate.io/2022/01/24/phemex-continues-metaverse-and-play-to-earn-support-with-new-ygg-token-listing/">GameFi </a>space. However, but we always lookout for the most innovative project of blockchain.</p>



<p>India also has shown some of the exceptional interest in the blockchain ecosystem building through projects such as <a href="https://www.fxstreet.com/cryptocurrencies/news/matic-price-presents-a-long-entry-trigger-at-these-lows-202203220959" rel="nofollow noopener" target="_blank">Matic</a>. It developed by various founders and hence it also holds extremely special value.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2022/03/24/cypher-capital-backed-up-indian-crypto-with-40-million-investments/">Cypher Capital backed up Indian crypto with $40 Million investments</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
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