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CMCC Global in the news, discussing cutting-edge investments, company developments, market trends, and more
The lead investor in the fund was B1, which committed USD50m, alongside Richard Li’s Pacific Century Group, Tyler and Cameron Winklevoss’ firm and Animoca Brands founder Yat Siu.
The Titan Fund completed its first round of USD100m on Wednesday, with more than 30 investors participating, including Winklevoss Capital and Jebsen Capital
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Animoca Brands, a big advocate of the Web3 open metaverse, said it raised USD20m for its flagship project, Mocaverse.
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.