Coin98 Ventures, originally established in 2021 as the venture arm of Vietnam-based Coin98 Finance, announced a comprehensive rebranding to Arche Fund on August 31, 2023. The move is intended to refocus the firm’s efforts on supporting emerging ideas and businesses shaping the future of the Web3 ecosystem.
A Multi-Tiered Strategy for Web3 Support
The rebrand comes with a revamped operational framework geared toward enhancing the precision of the firm’s investment model and widening the scope of its strategic backing. Established less than three years ago, Coin98 Ventures already has a notable investment record, including a collaboration with the Solana Foundation and investments in over 30 Web3 companies and protocols since 2021.
According to the firm’s official announcement, the newly rebranded Arche Fund will operate around three foundational pillars:
- Arche Ventures: A venture capital division focused on early-stage Web3…
