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Key Points: A100x launches a $50 million fund supporting early-stage AI and blockchain. Focus includes Web3, digital assets, and on-chain platforms. No direct market impact on ETH or BTC identified yet. New York’s A100x Ventures introduced its $50 million second fund on May 18, targeting early-stage AI and blockchain startups. Based on reports, this move emphasizes A100x’s commitment to fostering innovation in these sectors. The $50 million fund by A100x aims to nurture young enterprises, facilitating growth in AI, digital assets, and blockchain, mirroring a global surge in interest in these technologies. A100x’s $50M Fund to Catalyze AI and Blockchain Growth A100x Ventures announced its $50 million second fund launch on May 18, strengthening its support for new AI and blockchain ventures. The fund targets startups, highlighting active participation in cultivating technological advancements. Led by Co-founder Nisa Amoils, the firm focuses on Web3 infrastructure and digital asset initiatives. Driven by investment in emerging technologies, A100x emphasizes AI and blockchain, reflecting a strategic alignment with industry trends. This financial move supports startups in scaling disruptive technology solutions. Nisa Amoils, Founding Managing Partner, A100x Ventures, stated, “A100x Ventures is focused on nurturing and scaling early-stage startups in AI, digital assets, and blockchain.” Market reactions emphasize optimism for increased funding avenues, enhancing innovation and development within AI and blockchain. Notably, Nisa Amoils remains vocal on media networks, broadening A100x’s influence in tech investment discussions. Previous Successes Set Stage for Future Investments Did you know? A100x’s previous fund set a precedent for rapid expansion within AI and blockchain, aligning with similar movements from industry giants like a16z Crypto and Paradigm. CoinMarketCap data showcases Ethereum (ETH) trading at $2,503.73, maintaining a $302.27 billion market cap and a 9.19% dominance with a 24-hour trading volume of $13.62 billion, down 44.09%. ETH prices changed by 0.16% in…

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Filed under: News - @ May 18, 2025 7:25 am