Blockchain Capital is seeking to raise $700 million across two new funds as crypto venture funding experiences a resurgence. The firm is targeting its second growth-focused fund and its seventh early-stage fund, reflecting a dual strategy aimed at both established and emerging blockchain companies. The fundraising process is underway and could conclude within five to six months, despite ongoing market uncertainties. The firm has already begun deploying part of the anticipated capital into selected deals, indicating a proactive approach to securing high-quality opportunities. Blockchain Capital manages approximately $2 billion in fee-bearing assets and has a strong track record, having backed industry leaders like Coinbase and Tether. Recent activity includes leading a $12 million funding round for Paxos Labs, underscoring its focus on infrastructure projects that support ecosystem development. Overall crypto venture funding rebounded to $2.42 billion in March, up from $683.6 million in February, despite challenging fundraising conditions. While investor commitments remain difficult to secure, the market shows signs of recovery, with stricter investment standards likely to persist.