Aptos Co-founders Establish Crypto Venture Fund MF Ventures and Raise $50 Million

Aptos Labs co-founder Mo Shaikh and three former colleagues have established Maximum Frequency Ventures (MF Ventures), a crypto venture capital fund, and announced a $50 million fundraising round. The fund's LPs are family offices from the United States, East Asia, and Southeast Asia, with the four co-founders investing an undisclosed amount. MF Ventures has deployed $5 million to six startups, emphasizing the search for projects in Asia, where they will incubate and deeply engage with them.