Framework Ventures, a venture capital firm focused on decentralized technology, announced via X that it has closed a $400 million fund. The capital targets blockchain infrastructure, artificial intelligence, and fintech companies.
The fund size reflects a bet on the convergence of blockchain and AI as a cohesive investment thesis. Framework's focus on both sectors suggests the firm sees technical or market overlap worth pursuing at scale.
The announcement arrives as crypto-focused venture funding has shown signs of recovery after the 2022 downturn. A $400 million close signals at least one established player is still deploying capital into the space, though the broader institutional appetite for blockchain ventures remains fragmented by regulatory uncertainty and market volatility.
Framework has not disclosed the identity of its limited partners, expected deployment timeline, or portfolio targets beyond the sector categories. The fund's size positions it to lead or co-lead rounds in early-stage and growth-stage startups across those categories, but the firm has not specified ticket sizes or stage preferences.