Deal Box Unveils Blockchain and Web3 Venture Fund Worth $125M

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Jeff Horseman
Jeff Horseman
Jeff Horseman got into journalism because he liked to write and stunk at math. He grew up in Vermont and he honed his interviewing skills as a supermarket cashier by asking Bernie Sanders “Paper or plastic?” After graduating from Syracuse University in 1999, Jeff began his journalistic odyssey at The Watertown Daily Times in upstate New York, where he impressed then-U.S. Senate candidate Hillary Clinton so much she called him “John” at the end of an interview. From there, he went to Annapolis, Maryland, where he covered city, county and state government at The Capital newspaper. Today, Jeff writes about anything and everything. Along the way, Jeff has covered wildfires, a tropical storm, 9/11 and the Dec. 2 terror attack in San Bernardino. If you have a question or story idea about politics or the inner workings of government, please let Jeff know. He’ll do his best to answer, even if it involves a little math.
  • The industry brought in $36.1 billion throughout the course of the year of 2022.
  • The company, which was established in 2005, claims to have more than 500 clients.

Capital markets advisory and token offering platform Deal Box in the United States has announced the formation of a $125 million venture capital fund focused on blockchain and Web3 firms, as stated in a press release dated January 18.

Deal Box founder and current chairman Thomas Carter stated:

“Deal Box Ventures is an important milestone in our journey to invest in the most promising and disruptive blockchain startups, providing them with the tools and funding ecosystem they need to be successful by simplifying and reimagining traditional financing models.”

Banking on Web3 and Blockchain Tech

Deal Box Ventures is a new fund that will invest money in companies with a focus on growing growth, real estate, financial technology, entertainment technology, and social impact. These are the areas in which the fund will be investing. Moreover, Deal Box has made its first investments in Web3 by buying shares in Total Network Services, Rypplzz, and Forward-Edge AI.

Financing for blockchain businesses in 2022 was more than it had been the previous year, notwithstanding the bear market that was occurring at the time. The industry brought in $36.1 billion throughout the course of the year, which is a significant increase from $30.3 billion in 2021.

Deal Box was an industry leader in startup legal, accounting, and capitalization table advisory services prior to opening its venture arm. The issue of tokenized bonds or stock by companies as a means of raising funds from investors is a major point of interest. The company, which was established in 2005, claims to have more than 500 clients.

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