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1confirmation raises $26 million

The Silicon Valley-based firm will invest in blockchain-related assets.

Cryptocurrency venture firm 1confirmation reached its target size of $26 million for its inaugural vehicle, according to an SEC filing.

Founded by Coinbase alum Nick Tomaino, 1confirmation plans to make seed-stage investments in founders developing new crypto tokens and other blockchain-related assets.

Billionaire and Dallas Mavericks owner Mark Cuban is among the investors in the Silicon Valley-based firm.