News/Mask Network's Investment Arm Bonfire Union Raised $42M Fund Supported by Binance, Alameda Research, Animoca Brands and Others

Mask Network's Investment Arm Bonfire Union Raised $42M Fund Supported by Binance, Alameda Research, Animoca Brands and Others

Jul 06,2022,22:35
Bonfire Union, the investment arm of Web3 protocol Mask Network, announced that it has raised a $42m fund, supported by Binance, Alameda Research, Animoca Brands, Digital Currency Group, Arweave, HashKey Group and others. Bonfire Union plans to invest in the social ecosystem of Web3, focusing on startups which build social services, infrastructure, and games for Web3.
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