MT Capital received USD 10 million investment from BM Fund, and will focus on popular applications such as Web3 infra in the future

Odaily Planet Daily News According to official news, Momentum Capital (abbreviation: MT Capital), an encryption-native fund headquartered in the San Francisco Bay Area, has received US$10 million from BM Fund. This round of funds will be used to expand the team and incubate early Web3 projects. It is reported that the founding team of MT Capital has strategically invested in many well-known projects, including Polkadot, ZkSwap, Flow and MakerDAO. Eason, partner of MT Capital, said that the next year will be a new round of market cycle transformation, new technology discovery, and trend verification stage, and he will focus on Web3 infra and applications that may lead the hot spots.