North Island backing Cosmos after closing second $125 million fund

Quick Take

  • North Island recently closed its second fund at $125 million and is “investing pretty heavily” in the Cosmos infrastructure service platform.
  • Co-founder Travis Scher said the momentum surrounding Cosmos is “very real.” 

North Island Ventures is gazing up at the Cosmos.

The crypto-focused investment firm, which recently closed its second fund at $125 million, is “investing pretty heavily” in the Cosmos infrastructure service platform, which aims to become more interoperable, decentralized and secure in its newest incarnation with North Island’s backing. The strategy involves purchases of Cosmos’ native token, as well as investments in projects developing in the Cosmos ecosystem. 

North Island co-founder