Contango Blockchain x AI Fund Completes $5 Million Fundraising

Contango Digital Assets, a portfolio under Orthogonal Global Group, announced that its blockchain and AI seed fund, Contango Blockchain x AI Fund, has completed a fundraising of $5 million. Investors include the CEO of Quantstamp, the CFO of SingularityNet, the CEO of WonderFi, a general partner of X Ventures, early limited partners of Digital Money Group and Polychain Capital, as well as investors of VANTA DAO. It is reported that the fundraising goal of the fund is $10 million, and it will focus on supporting projects in the decentralized artificial intelligence field in the future. Currently, it has purchased tokens of the telecommunications sharing economy project Minutes Network.