Taiwan's CTBC Venture Capital commits $4.5m to crypto-focused fund

Taiwan's CTBC Venture Capital commits $4.5m to crypto-focused fund

FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo

CTBC Venture Capital, the venture capital arm of Taiwanese financial firm CTBC Financial Holdings, has committed to invest up to $4.5 million in a crypto-focused fund by US-based Dragonfly Capital Partners.