Fenbushi Capital is the first and most active blockchain-focused venture capital firm in Asia. Founded in Shanghai in 2015 by veterans from both the blockchain and traditional financial industries, it has supported over 60 leading projects across four continents. These projects are leveraging blockchain technology to revolutionize industries such as finance, healthcare, supply chain, and consumer goods. Fenbushi's mission is to promote the healthy and sustainable growth of the global blockchain ecosystem. It works as a long-term strategic partner to its portfolio projects.
Canopy, an AI-native blockchain development framework, has announced the completion of an $8.5 million seed funding round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The new funds will be used to support its mainnet launch, expand its engineering team, and advance the development of AI-native development tools and the developer experience. The goal is to compress complex decentralized application development into readable code, enabling both developers and AI coding assistants to rapidly generate complete applications. (Crypto News)
Borderless
Canopy
Canopy
Crypto News
Odaily reports: According to monitoring by on-chain analyst Ai Yi, an address associated with Fenbushi Capital (0xaF3…74446) transferred 11,101 ETH, valued at $21.94 million, to a deposit address of Amber Group 8 hours ago. The transfer price was $1,977.24. Tracebacks show that between February 2024 and April 2024, this address withdrew a total of 33,398 ETH from Binance at an average price of $3,039.36, with a total value of approximately $101 million. Based on the current transfer price, if these 11,101 ETH were sold, it would result in a loss of $11.79 million.
Amber Group
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Based
Binance
Ethereum
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address 0x859D—associated with Fenbushi Capital—withdrawed 3,063 ETH (approximately $7.13 million) from Aave and immediately deposited them into Binance. These ETH were withdrawn from Binance one month ago at an average price of $2,017; the current unrealized profit is approximately $969,000.
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Binance
Ethereum
Lookonchain