PANews reported on February 19th that, according to The Block, New York-based crypto investment firm DBA has raised $68 million for its second venture capital fund. This follows its first fund of $50 million, raised in 2023.

DBA was co-founded by Michael Jordan, former co-head of investment at Galaxy Digital, and Jon Charbonneau, a well-known Ethereum commentator. It has invested in underlying infrastructure such as DoubleZero and Monad, stablecoin application Payy, ICO fundraising platform MetaDAO, and Bitcoin scaling solutions.