Contango Digital Assets, a venture capital firm based in Toronto, has secured $5M in the first close of its latest Blockchain x AI Fund.

Investors include key figures like the CEO of Quantstamp, CFO at SingularityNet, CEO at WonderFi, and early LPs from Digital Currency Group and Polychain Capital.

The fund aims to support innovative startups at the intersection of blockchain technology and artificial intelligence, fostering advancements in these rapidly evolving sectors.

Contango Digital Assets continues to position itself as a leader in transformative tech investment, focusing on the next wave of digital innovation.