Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund

Miami-based venture capital firm Borderless Capital is leading a new $50 million fund that will support projects which focus on building cross-chain innovations, according to a press release. The portfolio companies invested by the fund will thus be able to closely collaborate and work with Wormhole as their cross-chain solution, according to Borderless Capital. “Navigating the Web3 landscape is becoming increasingly challenging due to the proliferation of numerous layer-1 blockchains, layer-2 scaling solutions, and specialized app chains with unique purposes and parameters,” said the press release.

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