Blockchain Capital is reportedly raising more than $700 million for two new crypto-focused funds, targeting both early-stage and growth-stage bets.

The firm has already begun deploying a portion of the capital, with the complete fundraising round expected to close within five to six months.

Blockchain Capital has a track record of backing major crypto names like Coinbase, Circle, and Tether, and currently manages about $2 billion in fee-bearing assets with a total portfolio exceeding $6 billion.

Related coverage notes that OpenAI poaching Coinbase marketing executives is mentioned as a separate story linked within the same publication context.

Backgrounds in the piece include Yahya Raza Sherazi, a technology analyst at Tronweekly who covers crypto markets and regulatory developments.

New York Governor Hochul and Illinois issued orders banning state employees from insider betting on prediction markets, citing concerns over use of non-public information.

Thailand’s SEC plans to revise digital asset derivative licensing rules to allow direct license applications, with conflict-of-interest controls and higher standards for exchanges and clearinghouses, and a May 20, 2026 deadline for comments.

U.S. Senator Bernie Moreno suggested crypto market-structure legislation should be completed by the end of May, signaling potential stalls if the Clarity Act does not pass.

Bitcoin/crypto notes indicate perpetual futures demand driven Bitcoin rallies even as spot demand wanes, with discussions around FTX assets, VC shifts, and a documentary weighing Satoshi Nakamoto’s identity.

U.S. government operates Bitcoin nodes for cybersecurity testing and views Bitcoin as a cryptographic tool and blockchain technology rather than an asset to hoard, praising the GENIUS Act as a step toward dollar-dominance.

The Block emphasizes ongoing independent reporting and disclosures about its ownership and partnerships to maintain objective crypto sector coverage.

Ronin plans a May 12 migration to Ethereum Layer 2 (OP Stack) with about 10 hours of downtime, after which RON token economics will be adjusted.