According to ChainCatcher, the K24 Secondary On-Chain Fund has announced a strategic investment in the BNB Chain ecosystem meme coin U (Usagi) through a secondary investment approach. K24 stated that its early investment in KOMA yielded excess returns, and they believe that the return of KOMA founder Brain to lead the development of Usagi will drive its further growth. In the future, K24 will leverage its own resources to help Usagi expand its market share.
The K24 Secondary On-Chain Fund focuses on secondary market trading of on-chain digital assets. The fund’s investment strategy combines on-chain research, whale analysis, community consensus, and other screening tools, with a particular focus on early-stage meme coin projects.