On November 14, early blockchain venture capital firm Portal Ventures is close to completing the final fundraising for its second fund, which has a scale of $75 million. Its founder and general partner Evan Fisher stated that the subscription amount of the fund has been oversubscribed, reaching $90 million. According to documents submitted to the U.S. Securities and Exchange Commission (SEC) in August, the initial target of the fund was $70 million, but Portal later decided to raise the cap by $5 million.