<span style="font-weight: 400">The largest cryptocurrency staking provider in Europe, Chorus One ensures the safeguarding of billions of assets and facilitates interoperability between decentralized networks such as Ethereum (ETH), Solana (SOL), and others. </span>

<span style="font-weight: 400">The staking solution venture is known to operate across 28 blockchain networks as well as protocols and has accrued billions of assets after a booming year of staking business. Past year, Chorus One’s assets accumulated $6.5 billion. </span>
<h2><span style="font-weight: 400">The Launch of Chorus Venture</span></h2>
<span style="font-weight: 400">On April 5, Chorus One Ventures shared the announcement in a <a href="https://medium.com/chorus-one/the-launch-of-chorus-ventures-3b3bee21333">blog post</a> stating the creation of a $30 million venture fund that will be focused on crypto-based projects such as decentralized networks, protocols, and related products. </span>

https://twitter.com/ChorusOne/status/1511006353456005126

<span style="font-weight: 400">The fund will be under the management of the Research and Ventures Lead at Chorus One, Xavier Meegan. Chorus One Ventures will additionally be investing their own capital rather than seeking external funding, explained Meegan. </span>
<blockquote><span style="font-weight: 400">“With the launch of Chorus Ventures, founders now have an alternative way to raise capital, through a company that has a vested interest in the longevity of decentralized networks.”</span></blockquote>
<h2><span style="font-weight: 400">The Objective of Chorus Ventures</span></h2>
<span style="font-weight: 400">The staking solutions’ funding will primarily be focusing on Cosmos and Solana ecosystems and blockchain networks that are compatible with Ethereum Virtual Machine, including Ethereum, Avalanche, and BNB Chain amongst others.</span>

<span style="font-weight: 400">The funding will be focusing on three subjects across the blockchain i.e staking, interoperability, and middleware.</span>
<h2><span style="font-weight: 400">Achievements of Chorus One</span></h2>
<span style="font-weight: 400">Before launching the new venture fund, Chorus One had already made 26 investments into projects focusing on digital assets. One of them included Lido, a liquid staking protocol, and Anchor, a yield-generating protocol.</span>

Staking Venture Chorus One Launches $30 Million Fund For Crypto Projects

On April 5, Chorus One Ventures announced the creation of a $30 million venture fund that will be focused on crypto-based projects. 

Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

Staking Venture Chorus One Launches $30 Million Fund For Crypto Projects

Top Picks