PANews reported on February 19 that according to official news, Bankless Ventures announced the launch of its second fund (Fund II), with a target of raising $50 million. In the past 21 months, Bankless Ventures has entered into multiple early-stage investment projects, and Fund I has completed 90% of the capital deployment, with a scale of $40 million. It also plans to add an investment partner to Fund II to further enhance strategic execution.

The company emphasized that in the future, the crypto industry will usher in emerging fields such as AI agents, stablecoins and zero-knowledge technology, and Bankless Ventures will continue to deploy capital in these cutting-edge fields.