Summary
- Credit Saison said it is forming a $50 million blockchain fund.
- The fund has currently raised $35 million, and Credit Saison's Saison Capital will manage it.
- Its main investment targets are financial infrastructure startups such as stablecoins, tokenized assets, payment infrastructure, and decentralized finance (DeFi).
Japan's long-established financial firm Credit Saison is forming a fund for blockchain-related investments.
On the 16th (Korea time), according to CryptoSlate, a virtual asset (cryptocurrency) specialist outlet, Credit Saison launched a new fund called 'Onigiri Capital.' The fund has so far raised $35 million from investors and is expected to expand to as much as $50 million. Fund management will be handled by Credit Saison's investment arm, Saison Capital.
Onigiri Capital plans to focus its investments on startups in the financial infrastructure sector, including stablecoins (virtual assets pegged to fiat currencies), tokenized assets, payment infrastructure, and decentralized finance (DeFi).
Uk Jin
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