France gets its first-ever Web3 dedicated fund

"Global VC firm Cathay Innovation and French fintech unicorn Ledger have partnered up to launch an early-stage fund dedicated to Web3 the country's first-ever dedicated fund to the sector. With a target size of €100m, the Ledger Cathay Capital fund will invest in Web3 entrepreneurs globally, from building blockchain and decentralised finance projects to developing new cryptocurrencies."