Former Chief Strategy Officer of CoinShares founded Crucible Capital, planning to launch 2 new funds with a total size of 75 million US dollars.

Foresight News reported that according to Fortune, Meltem Demirors, the former Chief Strategy Officer of CoinShares, is launching a venture capital firm called Crucible Capital. The company is currently raising funds for two separate funds, with expected sizes of 30 million and 45 million US dollars respectively. Demirors is listed as a managing member of the general partners. Although the documents indicate that the funds have not yet received external capital, these funds may have received informal financing commitments and raised funds through other companies.