$400 Million Fund Seeks to Embed Blockchain in AI, Robotics, and Energy

Framework Ventures has raised $400 million for its new fund, which will focus on investing in industries where blockchain technology can be used to attract capital to high-intensity sectors. The firm's co-founders, Vance Spencer and Michael Anderson, believe that the next phase of the market will see a shift away from speculation and towards using blockchain as a financial layer for computing infrastructure in areas like AI, robotics, and energy.

The fund's main focus will be on tokenization, stablecoins, and new technologies. According to Michael Anderson, the current stage is different from the 2020-2021 cycle, where DeFi protocols and DAOs were popular among existing crypto users.

The firm has already invested in two projects: Daylight, which finances home solar projects through a distributed energy network, and Uranium Digital, a tokenized market for physical uranium. The approach is not limited to computing, with energy being another area where blockchain can help connect assets, investors, and payments.

The profile of entrepreneurs has also changed, with more people from traditional finance, energy, and industrial technology backgrounds launching projects that use blockchain as a basic financial infrastructure.