DNA Fund, a Web3 investment company, aquisição aquisição the asset management company Coral Capital Holdings.

BlockBeats news, on October 19th, DNA Fund, which is involved in emerging technology and Web3 investments, acquired investment management company Coral Capital Holdings, which previously managed millions of dollars in funds for DNA founders. DNA and its founders have invested in or founded projects including Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. This acquisition will increase the assets under management (AUM) of DNA Fund by more than $50 million, including Coral's Cobertura fund and venture capital funds, which focus on Decentralized Finance, Artificial Intelligence, Blockchain, and other emerging technology fields. Some of Coral's top investment projects include Near Protocol and Atmos Labs.