<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/d7b35b26-3a55-434c-805f-b3353b06c01b.jpg"></p><p>The venture capital firm will allocate up to $200,000 to blockchain projects that it deems promising. </p>