BlockBooster is a Hong Kong-based Venture Studio centered in Asia, facilitating the development of next-generation protocols and software infrastructure in Web3. Incubated projects thrive in an expert environment with seasoned mentors guiding ideation and execution, and BlockBooster excels in providing precisely that with domain expertise, a wide-reaching network, and talent recruitment.
According to PRNewswire, SignalPlus announced the completion of its $50 million Series B1 funding round, achieving a post-money valuation of $500 million. HashKey Capital led the round, with participation from BlockBooster and AppWorks. Goldman Sachs served as the exclusive financial advisor.
according to Reuters, that blockchain venture capital firm BlockBooster announced on May 15 the launch of its first fund, the BlockBooster Digital Venture Fund I, with a size of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain trading ecosystems, on-chain asset management, and real-world asset (RWA) tokenization, marking the company's official entry into the digital economy sector as a comprehensive alternative asset manager.Founded in 2023, BlockBooster is backed by institutional investors including OKX Ventures. Samuel Gu, founder and CEO of the company, stated, "Deep incubation is the most proactive form of asset management." The launch of this fund represents a significant step in institutionalizing the firm's venture incubation capabilities.It is reported that the fund's initial investment portfolio projects will be announced in the coming weeks.
According to Business Insider, blockchain venture capital firm BlockBooster announced on May 15 the launch of its first fund, the BlockBooster Digital Venture Fund I, with a size of $50 million. The fund focuses on four key sectors: AI infrastructure, on-chain trading ecosystems, on-chain asset management, and real-world asset (RWA) tokenization—marking the company’s official entry into the digital economy as a full-service alternative asset manager.
As a foundation member, BlockBooster will jointly participate with other member institutions in the foundation’s governance decisions, committee work, and ecosystem development, and will advance its on-chain asset management business on Canton—covering private credit, tokenized funds, and other real-world asset classes.