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Argo Blockchain Takes 25% Stake In $40M Crypto VC Fund

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Coinness reporter

Fri, 12 Mar 2021, 06:06 am UTC

Crypto venture capital firm Pluto Digital Assets has raised a $40 million fund with U.K.-listed Argo Blockchain (LON: ARB) as its lead investor.

In an announcement Wednesday (March 10), Pluto said it now has $50 million in assets under management after launching earlier this year. Argo Blockchain will be maintaining a 25% stake in the new fund with an investment of $10 million.

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