Morgan Creek Digital Joins $3.1 Million Round for Tokenized Real-Estate Firm
Digital assets manager Morgan Creek Digital has backed a $3.1 million seed round for tokenized real-estate startup RealBlocks.
Morgan Creek Digital raised the first $50 million for its second venture capital fund from the same two large institutional investors in its first.
Blockchain-based home equity loan startup Figure Technologies has raised $65 million in a round backed by Morgan Creek.
The two Fairfax County, Virginia, pension funds invested only 0.5 percent in crypto and blockchain last year.
Fairfax County Retirement Systems has released details about its investment in a blockchain fund, apparently to quell fears about it.
In a potential first for the crypto investment sector, two U.S. public pension funds are dipping their toes in Morgan Creek's latest vehicle.