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How I Launched a $10,000,000 Crypto Fund During a CrashIncluded below are hedge funds and venture capital investing in crypto and blockchain. The list contains more than crypto funds. ; BitBull Capital, San. Pantera launched the first cryptocurrency fund in the U.S. when bitcoin was at $65 /BTC in The firm subsequently launched the first blockchain-focused. Polychain Capital (Polychain) is an American investment firm based in San Francisco, California. The firm focuses on investments related to cryptocurrency.