CoinFund, a cryptocurrency-focused investment firm, is seeking to raise $250 million for its new seed fund, CoinFund Seed IV, with sales not yet open, meaning the fund is not yet open to investors, according to a new filing with the US Securities and Exchange Commission (SEC). Founded in 2015, CoinFund initially focused on seed-stage investments in bitcoin and decentralised finance (DeFi) projects, with a portfolio that includes NBA Top Shot creation team Dapper Labs, blockchain infrastructure provider Blockdaemon and data indexing protocol The Graph. previously launched in August with a $300 The company previously launched its $300 million CoinFund Ventures I fund in August.