Blockchain Builders Announces $28 million Funding for Fund I

Blockchain Builders Fund has announced the successful completion of a $28 million oversubscribed fund. The fund, which focuses on investing in blockchain startups from Stanford and other top institutions, has invested more than $16 million in 40 blockchain projects covering AI, infrastructure, DeFi, DePIN, payments, and RWA. The portfolio includes well-known projects such as modular AI blockchain 0G, supercomputer project Nexus Labs, open access AI cloud Hyperbolic, and blockchain-free Layer-1 Pod. The fund plans to deploy the remaining funds by the end of the year, and multiple projects are preparing for TGE (Token Generation Event).