Crypto
DBA Secures $68M for Second Venture Fund Amid Crypto Infrastructure Boom
New York-based investment firm DBA has closed $68 million for its second venture fund, more than doubling the $50 million it raised in 2023.
The firm's co-founders and one or more of its funds hold a material position in the HYPE token.
DBA focuses on lead roles in early-stage deals but participates across all stages. Its portfolio includes infrastructure projects DoubleZero, Monad, Payy, MetaDAO, and Alpen Labs, which DBA co-led with a $8.5 million round in January alongside Cyber Fund.