The venture arm of USDC issuer Circle, focusing on investments in Web3 and DeFi startups.
“50% of startups in our portfolio have raised follow-on funding” – Brenton Naicker, Crypto Valley VC
Crypto Valley VC's Africa Blockchain Fund has invested $20 million in 13 startups across Nigeria, South Africa, Kenya, Egypt, and Ghana since 2022. The fund initially committed $125,000 for a 7% convertible note but revised it to $150,000 for a 6% note to better support African startups.
Circle Ventures places $20M bet on Africa’s stablecoin future
Circle Ventures invested in the $20 million African Blockchain Fund managed by Crypto Valley Venture Capital. The investment signals confidence in Africa’s stablecoin-powered digital asset ecosystem.
