Foresight Ventures announced the establishment of a 50 million USD stablecoin infrastructure fund.

Global crypto venture capital firm Foresight Ventures has officially launched a dedicated fund with a scale of up to $50 million, aimed at promoting the development of the stablecoin ecosystem. (Background: Morph Ecosystem News: BulbaSwap completed a $1.3 million seed round financing, led by Foresight Ventures) (Supplementary Background: Morph and Foresight Ventures jointly launched a $20 million ecosystem fund for early consumer-grade Blockchain projects) *This article is a press release written and provided by Foresight Ventures and does not represent the position of BlockTempo. Foresight Ventures announced the launch of a stablecoin infrastructure fund with a total scale of $50 million. As the industry's first fund focusing on the upstream and downstream industries of stablecoins, this fund will focus on investing in stablecoin issuance, coordination, exchange, compliance deposit and withdrawal, payment public chains, and other infrastructures, as well as the application of stablecoins in innovative fields such as RWA, AI, on-chain forex, and merchant acquiring. Since 2023, Foresight Ventures has been continuously laying out the stablecoin payment ecosystem, investing in multiple representative projects including Ethena, Noble, Codex, Agora, and WSPN. Foresight Ventures partner Alice Li stated: "Stablecoins are rapidly evolving into the core settlement layer of the global financial system. We hope to promote the integration of stablecoins into the TradFi framework in a more compliant and efficient way through this fund, achieving seamless connectivity and widespread adoption." About Foresight Ventures Foresight Ventures is a leading global crypto venture capital firm and is among the top five most active crypto VCs in the world in 2024. We have teams in both the US and Asia and are the first and only crypto VC that truly connects East and West. We adhere to a research-driven, founder-centric approach, focusing on investing in the next generation of global payment infrastructure—from stablecoin and fiat deposit and withdrawal to real-world assets—while leveraging a strong media network to amplify portfolio value. To date, we have invested in over 150 projects, including Story, TON, Aptos, Morph, 0G Labs, Sentient AI, The Block, Foresight News, and more. For more information, please visit: Website | Twitter Related Reports Crypto VC Foresight Ventures acquires a majority stake in The Block with a valuation of $70 million Foresight Ventures: What is a decentralized AI Marketplace? BlockTempo reports live from Hong Kong Foresight 2024: How to change the world through Web3? This article "Foresight Ventures announces the establishment of a $50 million stablecoin infrastructure fund" was first published on BlockTempo, the most influential Blockchain news media.