Blockchain risk fund Blockchain Builders announced the completion of a $28 million fundraising for its fund, focusing on investing in blockchain startups from Stanford and other top institutions. It has invested over $16 million in 40 blockchain companies across multiple sectors.

Odaily News Blockchain risk fund Blockchain Builders announced that its fund Fund I has completed raising 28 million USD. The fund was founded by Stanford graduate students Gil Rosen, Kun Peng, and Steven Willinger, and has already invested over 16 million USD into 40 blockchain companies, involving artificial intelligence, infrastructure, DeFi, DePIN, payments, and

Sandy Peng, co-founder of Scroll, said at the TOKEN2049 conference that one of Scroll's missions is to provide a smooth user experience by abstracting everything about chains and Wallets, so that users only see the content they want. In order to achieve interoperability between different blockchains, Scroll is highly focused on the ultimate goal and plans to adopt a Layer 2 system to collaborate, so that users don't need to deal with any choices. The confusion in user experience has led to a decrease in the number of users who are truly active on-chain and conducting operations.

Blockchain Builders announced the completion of a $28 million fundraise, primarily investing in the intersection of AI and Blockchain as well as fintech applications. They have injected over $16 million into 40 blockchain startup projects, including modular AI company 0G and supercomputing project Nexus Labs. The fund plans to deploy $12 million by the end of 2025 while preparing to expand its investment network to universities such as Carnegie Mellon and Princeton.

The Trump family's encryption project WLFI token sales website has experienced multiple interruptions since its launch. WLFI consultant Sandy Peng said that the interruptions were due to excessive follow-up, with 72 million visits in the first hour. The website was later relaunched, possibly switching to a new network hosting service.

PANews reported on March 7th that Howard Peng, Director of TON Ventures, stated that they are considering forming a research team focusing on the combination of AI and Crypto Assets, and planning to explore Product-Market Fit (PMF) on Telegram.

PANews Sept. 15th news, World Liberty Financial, an encryption project under the Trump family, announced in a post on the X platform that Sandy Peng, co-founder of Scroll, a second-layer network on the Ethereum network, has become an advisor to the project. It is reported that Sandy