Venture Capital Firm Standard Crypto Raises $500 Million New Funds

Venture capital firm Standard Crypto has raised a new $500 million fund. The fund will reportedly invest in equities and crypto. Standard Crypto, founded in 2019 by former Benchmark investor Alok Vasudev and former Lightspeed partner Adam Goldberg, will invest in gaming, social networking and financial infrastructure, as well as DAO and DeFi.