The fund, which was oversubscribed, will focus on pre-seed investments in selected startups from the winners of Solana Hackathons. “It’s evident that there is a market demand for novel, specialized venture products in crypto, and we are excited to have a diverse group of investors, including ecosystem founders and hackathon alumni, alongside us to realize our vision for Colosseum,” said Clay Robbins, co-founder of Colosseum, in a statement.
This article was originally published by Coindesk.com. Read the original article here.