Blockchain Builders Announces Completion of $28 Million Fundraising for Fund I

Blockchain Builders Fund announced the successful completion of an oversubscribed fund of $28 million. The fund focuses on investing in blockchain startups from Stanford and other top institutions, having invested over $16 million in 40 blockchain projects, covering areas such as AI, infrastructure, DeFi, DePIN, payments, and RWA. The investment portfolio includes well-known projects like modular AI blockchain 0G, supercomputer project Nexus Labs, open access AI cloud Hyperbolic, and non-blockchain Layer-1 Pod. The fund plans to complete the deployment of the remaining funds by the end of the year, with several projects preparing for TGE (Token Generation Event).