ChainThink news, March 12: According to Bloomberg, risk investment firm General Catalyst is currently discussing a new fundraising round targeting approximately $10 billion. Sources indicate the capital will be allocated across multiple investment vehicles, including early-stage venture funds and growth-stage funds. Negotiations remain in initial stages, and the final fundraising size may still be adjusted.

General Catalyst has previously invested in numerous cryptocurrency and blockchain companies. In recent years, the firm has progressively evolved from a traditional venture capital model into a broader financial platform, increasing its investments in sectors such as financial services. If this round of fundraising is successfully completed, General Catalyst’s capital strength will be significantly enhanced, positioning it to compete more effectively with a16z and further solidify its status among the leading venture capital institutions in the United States.