Scenius Capital Secures $20M to Back Next-Gen Crypto VC Funds—Betting Big on Web3’s Future

Another day, another crypto fund stacking millions while retail traders eat ramen. Scenius Capital just locked down $20 million to bankroll emerging VC funds diving headfirst into blockchain’s wild west.

Why it matters: The smart money’s doubling down—even after the last crypto winter left carcasses of overleveraged ‘visionaries’ scattered across CoinMarketCap.

The play: Scenius isn’t picking winners directly. Instead, they’re playing meta—funding the funders who’ll chase the next Solana or suck dry the next Terra. Genius or gambler’s fallacy? Check back after the next halving.

Bottom line: When VCs start hedging their bets with other VCs, it either means institutional adoption is imminent… or someone’s building a very elaborate greater fool theory matryoshka doll. Either way, grab popcorn.