VC Firm Raises $100M While Bitcoin Becomes 'Boring' at $124K High
Key Points
- Archetype closes a $100 million fund, signaling a shift in t...
Archetype, a crypto venture firm from New York, just closed a $100 million third fund on a Tuesday that feels surprisingly normal for the crypto world. While most of us are still trying to figure out if we should put our lunch money into the latest dog-themed token, these folks are playing chess with institutional money.
Founding partner Ash Egan claims we're in a "post-AOL, pre-Uber" moment for blockchain. Translation: we've moved past the dial-up days of crypto, but we're not quite at the point where your grandmother is paying for groceries with Bitcoin. Yet.
**When 'Boring' Becomes Beauti...
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