PANews reported on November 22 that Accolade Partners, an investment company focusing on venture capital, private equity growth and blockchain strategy, announced that its third blockchain fund, Accolade Blockchain III, has completed fundraising, with a total commitment of US$202 million. The fund focuses on blockchain seed and early-stage investments, while also paying attention to secondary market opportunities and GP equity investments.

Accolade currently manages $1.3 billion in assets and is an early investor and industry leader in the blockchain field. Since launching its first blockchain fund in 2019, the company has invested in the blockchain ecosystem with a diversified strategy, including underlying protocols, infrastructure, decentralized finance, stablecoins, Web3 games, and decentralized AI.