Bloomberg reported, citing anonymous sources, that cryptocurrency venture capital firm Blockchain Capital is pursuing the creation of new funds totaling $700 million. There will be two funds in total, and fundraising is expected to be completed within the next 5-6 months. The specific target amounts for each fund have not been confirmed. Previously, Blockchain Capital had invested in Coinbase, Kraken, Tether, and others, and its total portfolio under management is valued at $6 billion.