New York-based investment firm Reverie has launched a $20m cryptocurrency venture fund called Reverie Fund One. The fund aims to support pre-seed and seed-stage start-ups in the crypto sector, while also playing an advisory role in business model construction, marketing and community building. The firm is headed by former employees of Digital Currency Group, Blockchain Capital and Genesis Global Trading. “Our bet is the next generation of founders will change things by building truly useful products,” said Reverie co-founder Larry Sukernik.