Hack VC Hikes Fundraising Stakes, Targets $500M for New Crypto Venture Fund

Fresh off a $200 million fundraise for an early-stage crypto venture capital fund, Hack VC has upped the ante with a new vehicle that aims to raise $500 million, according to two sources familiar with the matter.

The San Francisco-based firm began its capital-raising efforts in recent weeks, the sources said. A spokesperson for the firm declined to comment.