According to TheBlock, Frachtis, a new venture fund focused on Cryptocurrency, has announced the completion of a $20.00 million fundraising round. The fund will focus on investing in blockchain and artificial intelligence integration projects in the pre-seed and seed stages, with a focus on decentralized infrastructure, middleware, and user-facing applications. The fund has already invested in 8 projects, including Hyve, Turtle.Club, and Bless Network. LPs include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures. [Foresight News]