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Paper Ventures launches $25M blockchain VC fund
Paper Ventures has launched a $25 million venture capital fund for blockchain startups.
Danish Chaudhry, Oliver Blakey and Ivailo Jordanov founded Paper Ventures and they bring extensive experience in Web3 investments and a vision to make a lasting impact on early-stage projects. Chaudhry, with a background in traditional finance, said in a statement, “With Paper Ventures, I’m excited to invest in groundbreaking ideas and also to use my experience to elevate the brilliant minds behind them, fostering a collaborative ecosystem that propels innovation to unprecedented heights.” At Blackrock, Chaudhry was on the UK European equities team for a number of years (at that time managing close to $500 billion in assets), where he also helped build many of the risk models used within their proprietary platform called Aladdin.
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