Framework Ventures Launches $400M Fund to Back Web 3 Gaming, DeFi

“Founders understand our cultural influence in the space because our affiliate, Framework Labs, has spent the last three years building alongside them, running nodes, participating in on-chain governance, building tools, staking and more,” said Spencer in the press release. “We believe we’re well-positioned to outperform our competitors, including the Sand Hill set that is only now coming into crypto and Web 3.”