According to Foresight News, DNA Fund, which participates in investments in emerging technologies and Web3, has acquired the investment management company Coral Capital Holdings, which previously managed millions of dollars in funds for DNA's founders. DNA and its founders have invested in or launched projects including Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. This acquisition will increase the assets under management (AUM) of DNA Fund by over 50 million USD, which includes Coral's hedge funds and venture capital funds that focus on DeFi, artificial intelligence, blockchain, and other emerging technology sectors. Some of Coral's investment projects include Near Protocol and Atmos Labs.

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Foresight News reports that DNA Fund, which invests in emerging technologies and Web3, has acquired the investment management company Coral Capital Holdings, which previously managed millions of dollars in funds for DNA's founders. DNA and its founders have invested in or established projects including Tether, EOS, Mastercoin, Bancor, and Hedera Hashgraph. This acquisition will increase the assets under management (AUM) of DNA Fund by over 50 million, which includes Coral's hedge funds and venture capital funds that focus on DeFi, artificial intelligence, blockchain, and other emerging technology fields. Coral's investment projects include Near Protocol and Atmos Labs.

Web3 investment firm DNA Fund acquires asset management company Coral Capital Holdings