Hivemind Capital Partners Launches Digital Culture Fund Focused on Art and Blockchain

According to PANews, New York-based digital asset investment firm Hivemind Capital Partners has launched a fund dedicated to the intersection of digital art and blockchain, called the Hivemind Digital Culture Fund. The company plans to raise at least $50 million for the fund. Matt Zhang, founder and managing partner of Hivemind Capital, stated that the fund has already achieved approximately half of its financing goal and plans to continue raising funds for the remainder of 2024, with the intention of deploying the capital within the next three years. Earlier this year, Hivemind launched a $1.5 billion crypto fund, with half of the funds already deployed. Additionally, the company introduced a $300 million crypto trading fund in April last year.