Venture Capital Firm Canonical Crypto Launches $20 Million Crypto Fund

Venture capital firm Canonical Crypto announced the launch of its first crypto fund, a $20 million fund with participation from Marc Andreessen and Chris Dixon of a16z, Shan Aggarwal of Coinbase Ventures, Amy Wu of FTX Ventures, Haseeb Qureshi of Dragonfly Capital, Semil Shah of Haystack VC, and Dan Romero, an early employee of Coinbase. Canonical's key focus is to invest in Web3 infrastructure startups and help bring Web2 developers to the Web3 space.