PANews May 5 news, according to Fortune, the crypto venture capital firm Ethereal Ventures has made its first public statement nearly five years after its establishment. This venture capital was co-founded by Min Teo and Ethereum co-founder Joe Lubin in 2021. The two funds under its management have a total scale of about $150 million and have invested in more than 80 early-stage projects, including EigenLayer. It is reported that Ethereal Ventures' first fund has performed well in terms of distributed capital return rate (DPI), while the second fund has currently deployed less than one-quarter of its funds and still retains ample "gunpowder".

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