Psalion Unveils $50M Blockchain Venture Fund

Psalion has launched its third and largest venture fund, which will focus on blockchain infrastructure, stablecoins, real-world assets (RWA), decentralized finance (DeFi), and other sectors.

The $50 million Fund III will target seed-stage companies in these areas, with the goal of connecting established businesses with blockchain rails.

Managing Partner Tim Enneking described the strategy as investing where web2 businesses operate on web3 infrastructure.

Fund III has already led a $4 million funding round for Beezie, a commerce platform that links physical collectibles with on-chain digital twins.